Tata Power has announced its financial results for the second quarter of fiscal year 2027 (Q2 FY27), reporting a significant year-over-year increase in its Net Profit for the period. The company’s Net Profit surged by 33% to ₹1,652 crore compared to the same period last fiscal year. This growth was driven by strong performance across its various business segments, including Mundra, Renewables, Mumbai Transmission, and Odisha Discoms. EBITDA also saw a healthy increase of 5% to ₹4,245 crore.
Tata Power Announces Strong Q2 FY27 Financials
Tata Power Company Limited has declared robust financial results for the quarter ended September 30, 2026 (Q2 FY27). The company reported a consolidated Net Profit of ₹1,652 crore, marking a substantial 33% increase compared to ₹1,245 crore in the same quarter of the previous fiscal year (Q2 FY26). The Net Profit before exceptional items also demonstrated strong growth, rising by 22% to ₹1,521 crore.
Key Financial Highlights
The consolidated Revenue from Operations for Q2 FY27 stood at ₹19,886 crore, a 26% increase year-on-year from ₹15,769 crore in Q2 FY26. EBITDA for the quarter grew by 5% to ₹4,245 crore, up from ₹4,032 crore in the prior year period. This growth is attributed to strong performance across business clusters including Mundra, RE Gencos, Solar manufacturing, Mumbai Transmission, and Odisha Discoms.
Half-Yearly Performance
For the half-year ended September 30, 2026 (H1 FY27), Tata Power reported a Net Profit of ₹3,053 crore, a 22% increase from ₹2,508 crore in H1 FY26. Revenue from operations for the first half of the fiscal year increased by 17% to ₹38,784 crore from ₹33,233 crore in H1 FY26. EBITDA for H1 FY27 grew by 7% to ₹8,494 crore.
Segmental Performance
The company highlighted strong growth drivers, including the performance of its Mundra operations, Renewables, Mumbai Transmission, and Odisha Discoms. The Generation and Coal Cluster reported a significant PAT increase to ₹555 crore driven by strong operating performance. The Renewable Cluster saw a 21% increase in PAT (before exceptional items) to ₹618 crore, supported by RE Gencos and a strong performance in the Rooftop business.
Capital Expenditure
Tata Power also recorded a record half-yearly capital expenditure of approximately ₹10,000 crore in H1 FY27, underscoring its commitment to growth and expansion initiatives across its businesses.
Source: BSE
