Tata Power Q2 Profit Rises on Renewables and EV Push

13 Nov 2025 CW Team

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.

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.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..