Tata Power reports ₹2,179.85 crore profit for Q2 FY27

Tata Power has announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a profit of ₹2,179.85 crore for the quarter, an increase from the previous year. The consolidated financial statements highlight the company’s performance across various segments and its overall financial health.

Tata Power Announces Q2 FY27 Financial Results

The Tata Power Company Limited has released its audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The announcement was made on November 11, 2026, detailing the company’s financial performance and position.

Standalone Financial Highlights

For the quarter ended September 30, 2026, Tata Power reported a standalone profit before tax of ₹930.19 crore. The net profit after tax for the standalone entity stood at ₹703.95 crore. The total comprehensive income for the standalone entity was ₹555.57 crore.

For the half-year ended September 30, 2026, the standalone profit before tax was ₹1,304.42 crore, with a net profit after tax of ₹981.32 crore. The total comprehensive income for the standalone entity for the half-year was ₹1,053.67 crore.

Consolidated Financial Highlights

On a consolidated basis, Tata Power reported a profit before tax of ₹2,179.85 crore for the quarter ended September 30, 2026. The consolidated net profit after tax for the quarter was ₹1,652.04 crore. The total comprehensive income for the consolidated entity for the quarter was ₹1,795.15 crore.

For the half-year ended September 30, 2026, the consolidated profit before tax amounted to ₹3,884.01 crore. The consolidated net profit after tax for the half-year was ₹3,052.90 crore. The total comprehensive income for the consolidated entity for the half-year was ₹3,270.26 crore.

Regulatory and Operational Updates

The company also provided an update on an arbitration award related to an unfavorable arbitration award seeking payment of USD 490.32 million. Tata Power has filed appeals and is in the process of seeking deferment of sale of shares. Management expects the completion of the SPPA with other procurers during the extended period till December 31, 2026.

Additionally, an exceptional item was recognized during the quarter concerning the gain from derecognition of an associate, amounting to ₹99.63 crore, and an impairment provision of ₹102.28 crore related to investment property.

Source: BSE

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