Tata Power profit rises marginally to ₹1,194 crore in Q3


Tata Power. File Picture

Tata Power. File Picture
| Photo Credit: The Hindu

Tata Power on Wednesday (February 4, 2026) posted a marginal rise in consolidated net profit to ₹1,194 crore in the December quarter owing to lower revenues.

It had posted a consolidated profit of ₹1,188 crore during the quarter, according to a regulatory filing.

The company’s total income trimmed to ₹14,269.08 crore in the third quarter of the current fiscal year from ₹15,793.43 crore in the year-ago period, registering a fall of around 10%.

Expenses stood at ₹13,465.06 crore as against ₹14,249.35 crore in Q3FY25.

In April-December 2025, the company’s net profit rose around 7% to ₹3,702.04 crore from ₹3,469.28 crore.

In a statement, the company’s CEO & MD, Praveer Sinha, said, “Q3 FY26 marked strong execution and all-round performance across generation, transmission, distribution, renewables, and manufacturing.”

Tata Power also crossed 10 GW of cumulative renewable EPC execution, delivered record solar cell and module output with industry-leading yields, scaled rooftop solar, cumulative installations, beyond 4 GWp, he said.

Mr. Sinha further said, “Our nine-month performance positions us strongly as we enter 2026, supported by favourable macro conditions and rising power demand from manufacturing, urbanisation, and AI-led digital infrastructure.”

The Tata Power Company Ltd, a leading integrated power company and a part of the Tata Group, India’s largest multinational business conglomerate, owns a diversified portfolio of 16.3 GW.

The portfolio spans from renewable and conventional energy generation to transmission, distribution, trading, storage solutions, and solar cell and module manufacturing.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

WordPress Directory WP All Import Pro Advanced Custom Fields Addon Soflyy WP All Import Pro Link Cloaking Addon WP All Import Pro Premium WP All Import Pro User Import Addon WP All Import Pro WooCommerce Addon Softa - SaaS, Software & WebApp WordPress Softa – SaaS, Software & WebApp WordPress Theme Softconic – Software and IT Solutions WordPress Theme SoftEase – Multipurpose Software / SaaS Product WordPress Theme Softec – Software & Technology WordPress Theme + RTL