Tata Power announced its audited standalone and consolidated financial results on February 4, 2026. The Board of Directors approved the results at a meeting where various key decisions were taken. While revenue increased, the company faces a significant arbitration award. The board also authorized additional employee stock options. Results for Q3 FY26 show continued growth.
Financial Performance
Tata Power reported consolidated revenue from operations of ₹13,948.41 crore for Q3 FY26 and ₹47,528.39 crore for the nine months ended December 31, 2025. The consolidated net profit after tax was ₹1,194.33 crore for the quarter and ₹3,702.04 crore for the nine-month period. On a standalone basis, revenue from operations was ₹2,482.53 crore and net profit after tax was a loss of ₹160.32 crore for the quarter. The standalone revenue for the nine months ended December 31, 2025 stood at ₹10,392.74 crore with a net profit of ₹790.87 crore.
Regulatory and Exceptional Items
The company has reported a regulatory asset of ₹727 crore and a tax expense of ₹183 crore for nine months. There is also an unfavorable arbitration award and the company is taking steps to set aside. An application with the appropriate forum in Singapore is underway seeking to set aside the unfavorable award.
Employee Stock Options
The Board authorized an additional grant of 50,73,760 employee stock options at an exercise price of ₹395.85 per option exercisable into equity shares of ₹1 each. This follows ‘The Tata Power Company Limited – Employee Stock Option Plan 2023’.
Other Updates
Tata Power has acquired a 100% equity stake in Jejuri Hinjewadi Power Transmission Limited for providing transmission services. Key financial ratios and segment-wise performance details are available in the provided financial statement.
Source: BSE
