Mumbai, November 11, 2026: Tata Power, a leading integrated power company in India, has announced its highest-ever quarterly Profit After Tax (PAT) of ₹1,652 crore for the second quarter of the financial year 2027 (Q2 FY27), marking a substantial 33% increase compared to the previous year. The company’s revenue surged by 26% to ₹19,886 crore, while its Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) rose by 5% to ₹4,245 crore during the same period.
For the half-year ending September 30, 2026 (H1 FY27), Tata Power reported a record PAT of ₹3,053 crore, representing a 22% year-on-year increase. The company’s revenue for the first half of the fiscal year climbed to ₹38,784 crore, with EBITDA reaching ₹8,494 crore. This performance underscores the strength and resilience of Tata Power’s diversified portfolio, which spans generation, renewables, transmission and distribution, and emerging consumer-focused green businesses.
A significant factor contributing to this robust performance was the company’s strategic capital expenditure of approximately ₹10,000 crore during H1 FY27. This investment is aimed at bolstering India’s energy infrastructure, particularly in renewable energy, transmission, and distribution networks. Tata Power’s renewable energy platform, which includes generation, manufacturing, rooftop solar, and storage, continues to be a key driver of earnings growth, with the company adding 1.4 GW of capacity over the last twelve months.
India’s electricity demand witnessed sustained growth in H1 FY27, driven by industrial and economic activities, rising household consumption, and increased adoption of electric vehicles. Tata Power is well-positioned to meet this growing demand through its diversified energy portfolio, including fuel-secure thermal generation assets and expanding renewable energy capacity. The company’s Odisha distribution operations also demonstrated strong performance, with improved operational efficiencies and reduced AT&C losses.
Dr Praveer Sinha, CEO & MD of Tata Power, highlighted the company’s strategic focus on integrated energy solutions and consistent execution across its portfolio. He noted that the company’s capital deployment is accelerating renewable capacity addition, transmission expansion, and digital distribution infrastructure, positioning Tata Power for sustained profitable growth while supporting India’s energy transition.
Analysts view Tata Power’s performance as a reflection of its strategic investments and operational efficiencies. The company’s focus on renewable energy and infrastructure development aligns with India’s broader energy transition goals, providing a solid foundation for future growth and stability in the evolving energy market.
