Tata Power Q1 FY26: Net Profit Up 6%, Revenue Rises 4%

wer reported a 6% year-on-year increase in consolidated net profit to ₹1,262 crore for Q1 FY26, up from ₹1,189 crore in Q1 FY25. Revenue grew by 4% to ₹17,464 crore from ₹16,810 crore, driven by strong performance in renewables and transmission & distribution (T&D) segments. EBITDA rose 17% to ₹3,930 crore. The company commissioned 652 MW of projects, including 94 MW of its own renewable portfolio, with total operational renewable capacity at 5.6 GW (4.6 GW solar, 1 GW wind). Tata Power Solar’s PAT reached ₹100 crore, with 949 MW of solar modules and 904 MW of cells manufactured. The company installed 270 MWp of rooftop solar, maintaining leadership with over 2 lakh installations and 3.4 GWp cumulative capacity. Tata Power’s discoms serve 13 million customers, with Odisha Discoms’ PAT surging 156% to ₹105 crore, setting a national reform model. The company aims to reach 40 million customers by 2030, applying for distribution license expansion in Maharashtra. It also achieved a milestone of installing 30 lakh smart meters. With a 15.8 GW portfolio, 44% from clean energy, Tata Power plans to add 1.6 GW of renewable capacity in FY26 and expand its transmission network to over 7,000 Ckm by 2027.