Tata Power reported its financial results for the quarter and fiscal year ended March 31, 2026. The company recorded an annual consolidated net profit of ₹5,117.56 crore, with a consolidated revenue of ₹62,428.59 crore for the full year. The Board of Directors has recommended a final dividend of ₹2.50 per equity share, representing a 250% payout, subject to approval at the 107th Annual General Meeting scheduled for July 7, 2026.
Consolidated Financial Performance
For the fiscal year ended March 31, 2026, Tata Power achieved a consolidated total income of ₹64,171.66 crore. The net profit after tax for the full year stood at ₹5,117.56 crore. In the final quarter (Q4) ending March 31, 2026, the company reported revenue from operations of ₹14,900.20 crore, with a consolidated net profit of ₹1,415.52 crore for the period.
Dividend Announcement
The Board of Directors has recommended a final dividend of ₹2.50 per equity share (of ₹1 face value), amounting to a 250% dividend. This dividend is subject to the approval of shareholders at the company’s 107th Annual General Meeting, which is set to take place on July 7, 2026. The record date for determining eligibility for the dividend has been fixed for June 23, 2026.
Strategic Business Highlights
The company continues to advance its strategic initiatives. Notable developments include the execution of a supplementary power purchase agreement for the Mundra Power Plant and the entry into a new joint venture with Druk Green Power Corporation (DGPC) of Bhutan. This partnership focuses on the development of the 1,125 MW Dorjilung Hydro Power Project, for which Tata Power has acquired a 40% equity stake and initiated an investment of ₹50 crore as the first tranche of the total proposed ₹1,572 crore investment.
Operational Updates
Management addressed ongoing operational and regulatory matters, including the handling of regulatory asset liquidations for the subsidiary Tata Power Delhi Distribution Limited (TPDDL). Additionally, the company is actively appealing an arbitration award in Singapore, with legal counsel advising a high probability of a favorable outcome, leading the company to maintain no provisions related to the claim in its current financial results.
Source: BSE
