Conference Call with Tata Power Company Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Power - Electric Utilities company Tata Power Company announced Q1FY26 results Q1FY26 Financial Highlights: Company’s revenue rose to Rs 17,464 crore (up 4 % YoY). EBITDA grew to Rs 3,930 crore (up 17 % YoY) in Q1FY26. Profit After Tax (PAT) of Rs 1,262 crore (up 6 % YoY). Business Highlights: Achieves EBITDA of Rs 3,930 crore (up 17 % YoY); Revenue at Rs 17,464 crore (up 4 % YoY). Renewables business PAT grows to Rs 531 crore (up 95 % YoY). Commissioned 94 MW RE capacity in Q1FY26; Total operational renewable capacity at 5.6 GW. Maintains No. 1 position in the Rooftop Solar segment: total installations above 2 lakh and cumulative capacity above 3.4 GWp. The Solar Rooftop segment has seen a stellar growth with revenues more than doubling to Rs 823 crore in Q1FY26 (YoY). Record rooftop solar installation of 45,500+ in Q1FY26; Achieves Rs 90 crore PAT (up 260% YoY) during Q1FY26. Commissions 270 MWp of solar projects in Q1FY26 up 143% (YoY) compared to 111 MW in the last year. Manufacturing emerges as a major growth contributor - TP Solar reports Rs 100 crore PAT in Q1FY26; Achieves Revenue of Rs 1,613 crore; Manufactured 949 MW of solar module and 904 MW of solar cell in Q1FY26. T&D; business PAT (without one-off in previous year) grows to Rs 440 crore, up 26 % YoY in Q1FY26. Odisha Discoms PAT grows to Rs 105 crore (up 156 % YoY) in Q1FY26; The Company has also applied for expansion of distribution license in key growth areas of Maharashtra. Commences cross-border power sale through Power Exchange for 18 MW Suchhu Hydro Electric Project in Bhutan. Praveer Sinha, CEO and Managing Director, Tata Power, said: “We have commenced FY26 on a high note, with strong performance across all our business verticals. Our renewable energy portfolio continues to exceed expectations, as we drive innovation, scale, and efficiency across the clean energy value chain. Our Generation and T&D; businesses are delivering impressive gains. Our Discoms are providing reliable electricity to ~13 million customers. Through its all-round performance, our Odisha Discoms have emerged as the national model of Discom reforms. In-line with our target to reach 40 million customers by 2030, we have applied for license to expand our distribution footprints in key growth areas of Maharashtra. We are proud to contribute towards India’s energy transition with a generation portfolio exceeding 26 GW (including projects under development), over 65% of which comes from clean, green sources.” Result PDF