Mumbai, May 13: Tata Power reported a 4.5 per cent year-on-year (YoY) decline in consolidated net profit for the January–March quarter (Q4 FY26), even as it posted record annual earnings and announced a final dividend.
The company’s net profit stood at ₹996 crore in Q4 FY26, compared to ₹1,043 crore in the same period last year. Revenue from operations also fell 12.8 per cent YoY to ₹14,900 crore during the quarter.
Despite the quarterly dip, Tata Power delivered its highest-ever annual performance, with profit after tax rising 7 per cent to ₹5,118 crore in FY26. Annual EBITDA grew 11 per cent to ₹16,090 crore, while total revenue stood at ₹63,681 crore.
The board has recommended a final dividend of ₹2.50 per equity share (250 per cent on face value of Re 1), subject to shareholder approval at the company’s 107th Annual General Meeting scheduled for July 7, 2026. The record date for dividend eligibility has been fixed as June 23, 2026.
Operationally, the company’s core businesses registered a 13 per cent YoY growth in profit during the fourth quarter, supported by strong performance across generation, transmission, distribution and renewable energy segments.
CEO and Managing Director Praveer Sinha said rising electricity demand and India’s ongoing energy transition are creating long-term growth opportunities. He added that the company remains focused on expanding its clean energy portfolio, strengthening transmission infrastructure, and enhancing distribution operations in key markets such as Odisha, Delhi and Mumbai.
