Tata Power has reported a strong start to FY27, posting steady growth in revenue, profitability and operational performance during the quarter ended June 30, 2026. The company reported a consolidated profit after tax (PAT) of ₹1,401 crores for the first quarter, an increase of 11% compared with ₹1,262 crores reported during the corresponding period last year.
Revenue from operations increased 8% year on year to ₹18,898 crores, while earnings before interest, taxes, depreciation and amortization (EBITDA) grew 8% to ₹4,249 crores. The results reflect continued momentum across the company’s integrated power portfolio, supported by renewable energy expansion, conventional generation, transmission and distribution operations, solar manufacturing and electric mobility initiatives.
The company said it continues to strengthen its position in India’s transition towards round-the-clock clean energy by investing across renewable power generation, battery energy storage systems, pumped hydro storage, domestic solar manufacturing and hybrid energy solutions. These investments are aimed at improving grid reliability while supporting commercial, industrial and residential consumers with dependable clean energy.
Commenting on the quarterly performance, Dr. Praveer Sinha, Chief Executive Officer and Managing Director of Tata Power said “India’s energy sector is entering its next phase of transformation where the focus is shifting to delivering reliable, round-the-clock clean energy. At Tata Power, we have positioned ourselves ahead of this curve through our integrated and bundled supply of RTC Renewable power though solar, wind, battery storage and pumped storage projects.
This quarter marks several strategic milestones that will shape our next phase of growth. With more than ₹5,000 crore deployed towards capex during Q1, we have begun FY27 with a strong project implementation roadmap.
The return of Mundra to full operations, industry leading solar rooftop growth and deepening cross-border energy partnerships further reinforce our position as a leading integrated power company.”
Business Highlights – Q1 FY27
Renewable energy remained one of the major growth contributors. The renewable business reported EBITDA of ₹1,696 crore, an increase of 8% over the previous year, supported by new capacity additions, higher solar manufacturing sales and continued growth in rooftop solar installations.
Tata Power’s renewable energy portfolio has now reached 12 GW, including 6.7 GW of operational capacity comprising 5.4 GW of solar projects and 1.3 GW of wind projects. Another 5.3 GW is currently under implementation.
During the quarter, the company commissioned Ladakh’s first commercial rooftop solar project, a 50 kWp installation in Leh, while also bringing online the 100.8 MW Jewali Wind Project in Maharashtra. The wind project is expected to generate nearly 299 million units of electricity annually and supply renewable power to Tata Power Mumbai Distribution.
The rooftop solar business continued expanding its offerings by introducing integrated solar and battery solutions. The segment’s order book stood at ₹639 crores at the end of the quarter.
In transmission and distribution, Tata Power announced plans to modernize Mumbai’s electricity network by 2031 through the development of a 400 kV ring network designed to support growing demand from data centres, metro rail projects and urban infrastructure. Tata Power Delhi Distribution Limited also crossed 10,000 rooftop solar installations, creating around 160 MWp of distributed renewable energy capacity in the national capital.
The company’s conventional generation business maintained high operational reliability during the quarter, recording average plant availability of 96.2% while keeping forced outages at minimal levels. Progress also continued on the Khorlochhu and Dorjilung hydropower projects in Bhutan as well as the 1,000 MW Bhivpuri Pumped Storage Project in Maharashtra.
Tata Power also expanded its electric mobility network by commissioning ultra-fast EV charging stations along the Delhi-Mumbai Expressway in partnership with Indian Oil. The company signed a memorandum of understanding with Varanasi Smart City to develop additional charging infrastructure across key public locations and inaugurated Telangana’s first Tata.ev MegaCharger hub in Hyderabad in collaboration with Tata Passenger Electric Mobility Limited.
With continued investments across renewable energy, storage technologies, grid infrastructure and electric mobility, Tata Power said it remains focused on supporting India’s evolving energy transition while strengthening its integrated power business.
