Tata Power Reports Audited Standalone Financial Results for Q2 FY26

Tata Power announced its audited standalone financial results for Q2 FY26, showcasing a profit before tax of ₹581.94 crore. The company reported revenue from operations of ₹5,285.20 crore for the quarter. Tata Power continues to focus on its key segments including thermal, hydro, renewables, and transmission and distribution. Subsequent to the quarter, the company invested ₹60 crore in Khorlochhu Hydro Power Limited in Bhutan.

Financial Performance

Tata Power announced its audited standalone financial results for the quarter ended September 30, 2025, with revenue from operations at ₹5,285.20 crore. The company’s profit before tax stood at ₹581.94 crore. Net profit after tax was reported as ₹431.10 crore.

Segment Highlights

Key segment revenue and movement in regulatory deferral balances:

  • Thermal and Hydro: ₹1,510.69 crore
  • Transmission and Distribution: ₹1,492.99 crore

Key Ratios

Key financial ratios for the quarter include:

  • Debt Equity Ratio: 1.25
  • Debt Service Coverage Ratio: 1.30
  • Interest Service Coverage Ratio: 2.23
  • Operating Margin: 11%

Investment in Khorlochhu Hydro Power

Subsequent to the quarter, the Company has invested ₹60 crore towards its existing equity stake in Khorlochhu Hydro Power Limited to develop Hydropower projects in Bhutan.

Arbitration Award

The Company has received an unfavourable arbitration award and has filed an application in Singapore for setting aside the award. No adjustments have been made in the standalone financial results pending the litigation outcome.

Source: BSE

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