Follow India Renewable Energy News on WhatsApp for exclusive updates on clean energy news and insights

Tata Power Q1FY26 Profit Rises 6.2% to Rs1,262 Crore, Renewables and Manufacturing Boost Growth

Tata Power reported a 6.2% year-on-year rise in consolidated net profit to Rs1,262.3 crore for Q1 FY26, compared to Rs1,188.6 crore in the same period last year. Revenue from operations grew 4.6% to Rs18,035 crore, driven by robust performance in the renewable energy and solar manufacturing segments. The company’s EBITDA increased 17.2% to Rs4,139 crore, with EBITDA margins improving to 23%.

The renewables division stood out with a 95% YoY jump in profit after tax to Rs531 crore. Notably, the rooftop solar business saw revenue more than double, underscoring strong market traction. TP Solar, Tata Power’s solar manufacturing arm, contributed significantly with Rs100 crore in profit after tax, positioning itself as a major growth engine.

The results reflect Tata Power's successful diversification and strategic focus on clean energy and manufacturing, aligning with India’s broader energy transition goals.