Tata Power announced its highest-ever quarterly Profit After Tax (PAT) of ₹1,652 crore for Q2 FY27, marking a 33% year-on-year increase. Revenue grew by 26% to ₹19,886 crore, with EBITDA rising 5% to ₹4,245 crore. The company also reported a record PAT of ₹3,053 crore for H1 FY27, up 22% YoY. This performance was driven by broad-based growth across its generation, renewables, transmission, distribution, and consumer-focused businesses.
Tata Power Achieves Record Profitability in Q2 FY27
Tata Power, a leading integrated power company, has declared its highest-ever quarterly Profit After Tax (PAT), reaching ₹1,652 crore in the second quarter of the financial year 2027 (Q2 FY27). This represents a significant 33% increase compared to the same period last year. The company’s strong financial performance was underpinned by a broad-based growth across all its business segments, demonstrating the resilience and strength of its diversified energy portfolio.
Strong Revenue and EBITDA Growth
In Q2 FY27, Tata Power’s revenue saw a substantial rise of 26% year-on-year, amounting to ₹19,886 crore. Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) also showed a positive trend, increasing by 5% to ₹4,245 crore during the quarter. These figures highlight the company’s robust operational performance and effective execution across its diverse business verticals, including generation, renewables, transmission, and distribution.
Record H1 FY27 Performance
For the first half of FY27 (H1 FY27), Tata Power continued its impressive trajectory, reporting a record PAT of ₹3,053 crore. This is a 22% year-on-year increase, further underscoring the company’s sustained growth momentum. Revenue for H1 FY27 grew to ₹38,784 crore, with EBITDA reaching ₹8,494 crore, reflecting the company’s consistent operational excellence and strategic capital deployment.
Strategic Capital Expenditure for Future Growth
Demonstrating its commitment to future growth and India’s energy transition, Tata Power invested approximately ₹10,000 crore in the first half of FY27. This capital expenditure is a record for the company’s half-yearly deployment and is focused on accelerating renewable capacity additions, expanding transmission infrastructure, developing pumped storage capacity, and enhancing digital distribution networks. This strategic investment aligns with the company’s goal of supporting India’s growing energy needs and its transition towards a secure, reliable, and sustainable energy future.
Key Business Highlights
Generation
Tata Power maintained strong operating performance in its conventional generation portfolio, supported by high plant availability. The Mundra plant continued to operate at high availability, ensuring system reliability. The company also commissioned a 120 MW capacity addition at its waste heat recovery plant, strengthening its overall generation capabilities.
Renewables
The company’s renewables business continues to be a key driver of growth, with utility-scale renewable capacity increasing to 7.2 GW. During H1 FY27, 645 MW of utility-scale renewable projects and 101.2 MWh of storage projects were installed. Tata Power also expanded its rooftop solar capacity to 5.12 GWp and strengthened its solar manufacturing capabilities, producing 0.9 GW of solar cells and 1 GW of solar modules in Q2 FY27.
Transmission & Distribution
The transmission portfolio now stands at 7,894 circuit kilometres under operation. Key project commissions include a 164 ckt Kms transmission line. In distribution, smart meter installations surpassed 60 lakh across DISCOMs, accelerating digitalization. Odisha DISCOMs showed improved reliability and reduced AT&C losses by 5.7% over Q1 FY27.
Source: BSE
