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Tata Power Q4 FY26 Results: Net Profit Rises 8%, Announced ₹2.50 Dividend

Tata Power reports 8% rise in Q4 FY26 profit despite lower revenue; renewables and T&D businesses support overall earnings growth.

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Revati Krishna
Published: 13 May 2026, 03:45 AM IST (1 week ago)
Last Updated: 12 May 2026, 06:17 PM IST (1 week ago)
4 min read

Quick Summary

Tata Power Q4 Results: Tata Power reported consolidated revenue from operations of ₹14,900.20 crore in Q4 FY26, down 12.85% year-on-year but up 6.82% quarterly. Consolidated net profit rose 8.38% YoY to ₹1,415.52 crore. The board recommended a final dividend of ₹2.50 per share.

Tata Power Q4 Results:  On 12 May 2026, Tata Power Company reported a mixed quarter for Q4 FY26, with revenue under pressure from a steep decline in thermal and hydro operations, but net profit jump 8.38% YoY.

Tata Power Q4 Results Highlights

Here are the glimpses of Tata Power’s Q4 FY26 results.

Metric

Q4 FY26

Q3 FY26

QoQ%

Q4 FY25

YoY%

Revenue from Ops (₹ Cr)

14,900.20

13,948.41

6.82%

17,095.88

-12.85%

Total Income (₹ Cr)

15,455.48

14,269.08

8.31%

17,446.95

-11.41%

EBITDA (₹ Cr)

2,599.19

3,054.91

-14.92%

3,245.60

-19.92%

EBITDA Margin %

17.44%

21.90%

-446 bps

18.99%

-155 bps

Net Profit (₹ Cr)

1,415.52

1,194.33

18.52%

1,306.09

8.38%

Source: NSE filing, Tata Power FY26 Consolidated Annual Results

  • Consolidated revenue from operations stood at ₹14,900.20 crore, compared to ₹17,095.88 crore in Q4 FY25, a decline of 12.85%. 

  • Total income for the quarter came in at ₹15,455.48 crore, down 11.41% year-on-year from ₹17,446.95 crore. Compared to the previous quarter’s ₹14,269.08 crore, total income increased 8.31%.

  • The company’s consolidated EBITDA stood at ₹2,599.19 crore in Q4 FY26. EBITDA declined 19.92% from the same quarter last year and fell 14.92% from Q3 FY26.

  • EBITDA margin for the quarter stood at 17.44%, compared with 18.99% in Q4 FY25 and 21.90% in Q3 FY26.

  • Consolidated profit after tax stood at ₹1,415.52 crore in Q4 FY26 against ₹1,306.09 crore in Q4 FY25, registering an 8.38% increase. Quarterly, profit rose 18.52% from ₹1,194.33 crore reported in Q3 FY26.

Tata Power Segment Waise Performance in Q4 

Tata Power’s transmission and distribution business remained the largest contributor in Q4 FY26, with segment revenue rising 11.57% year-on-year to ₹10,698.83 crore. 

The renewables segment also posted healthy growth of 15.81% YoY, reflecting continued expansion in the clean energy business.

However, revenue from the thermal and hydro segment declined sharply by 53.98% YoY to ₹2,433.84 crore.

Segment

Q4 FY26 (₹ Cr)

Q4 FY25 (₹ Cr)

YoY%

Thermal & Hydro Revenue

2,433.84

5,288.24

-53.98%

Renewables Revenue

4,003.43

3,456.87

15.81%

Transmission & Distribution Revenue

10,698.83

9,589.22

11.57%

Others Revenue

114.68

107.27

6.91%

Tata Power Full-Year FY26 Performance Remained Stable

For the full financial year FY26, Tata Power reported consolidated revenue from operations of ₹62,428.59 crore, down 4.66% from FY25. 

Consolidated net profit increased 7.17% year-on-year to ₹5,117.56 crore. Operating cash flow for the year stood at ₹5,993.33 crore.

Metric

FY26

FY25

YoY Change

Consolidated Revenue (₹ Cr)

62,428.59

65,478.24

-4.66%

Consolidated Net Profit (₹ Cr)

5,117.56

4,775.37

7.17%

Operating Cash Flow (₹ Cr)

5,993.33

12,680.19

-52.73%

Source: NSE filing, Tata Power FY26 Consolidated Annual Results

Tata Power Dividend 2026

The board of directors recommended a final dividend of ₹2.50 per equity share with a face value of ₹1 each for FY26. The dividend is subject to shareholder approval at the company’s AGM scheduled on 7 July 2026. The record date has been fixed as 23 June 2026.

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