Tata Power, one of India’s largest vertically integrated power companies, has reported a Profit After Tax of Rs 12.45 billion, up 14 per cent year-on-year, for the quarter ended 30 September 2025. Revenue rose 3 per cent to Rs 157.69 billion, while EBITDA increased 6 per cent to Rs 40.32 billion in Q2 FY26.

For H1 FY26, PAT rose 10 per cent to Rs 25.08 billion, revenue increased 4 per cent to Rs 332.33 billion, and EBITDA grew 11 per cent to Rs 79.61 billion.

Business Highlights – Q2 FY26 Renewables

Utility-Scale Growth

Total renewable capacity stands at 5.7 GW (4.7 GW solar, 1 GW wind).

293 MW commissioned in Q2, comprising 111 MW of own projects and 182 MW of third-party EPC.

TPREL signed a major agreement with Suzlon for 838 MW of wind turbine generators across multiple states.

Rooftop Solar

Installed 370 MWp in Q2 FY26.

Now crosses 270,000 installations, with cumulative rooftop capacity exceeding 3.8 GWp.

Segment revenue more than doubled to Rs 11.33 billion, marking 158 per cent year-on-year growth.

Solar EPC & Battery Storage Key wins include:

TPC-D 100 MW/200 MWh BESS (Rs 2.99 billion)

NTPC Khavda 300 MW BOS (Rs 5.21 billion)

First BESPA with NHPC for 30 MW/120 MWh in Kerala

Solar Manufacturing

TP Solar is now recognised in the BNEF Tier-1 list (Aug 2025).

Included in ALMM List II.

EV Charging Infrastructure

5,613 public chargers deployed.

Over 170,000 home charging points installed.

Unveiled India’s largest TATA.ev MegaCharger Hub on World EV Day.

Transmission & Distribution

Six transmission projects totalling over 2,400 Ckm in progress; company on track to exceed 7,000 Ckm by FY28.

Installed 950,000 smart meters in Q2; cumulative installations now exceed 4.1 million across discoms.

Odisha discoms reduced AT&C losses by 1.7 per cent year-on-year.

Launched one-kilowatt rooftop solar adoption scheme under the ULA model.

Thermal & Hydro

IEL commissioned a 15 MW solar plant at Jojobera.

Prayagraj Plant achieved 98 per cent YTD availability, its highest ever.

Mundra plant underwent planned shutdown for overhaul and technical upgrades.

CSR & Sustainability

Tata Power scored 76 in the S&P CSA 2025 ESG Ratings, placing it in the 90th percentile of the Electric Utility sector.

EcoCrew sensitised 300,000 students across 1,016 schools.

Signed an MoU with BNHS for large-scale Miyawaki plantations in the Mulshi Lake catchment.

Won three awards:

ACEF Best Employee Engagement (Climate Crew)

ACEF Innovation for Social Impact (Eco Crew)

Mahatma Award for Digital Transformation Impact (E-Sanidhya)

Tata Power enters the second half of FY26 with a strengthened renewable pipeline, expanding EV infrastructure, and continued operational improvements across T&D, generation, and customer-facing businesses.