Tata Power Company Limited reported a 32.7% year-on-year (YoY) increase in consolidated profit after tax (PAT) to \u20b91,652 crore for the second quarter of FY27, compared with \u20b91,245 crore in the corresponding quarter last year.<\/p>\n\n\n\n
The company’s revenue increased 26% YoY to \u20b919,886 crore in Q2 FY27, against \u20b915,769 crore in Q2 FY26. Consolidated EBITDA rose 5% to \u20b94,245 crore from \u20b94,032 crore in the year-ago quarter.<\/p>\n\n\n\n
The company attributed its performance to broad-based growth across its generation, renewable energy, transmission and distribution businesses. It also reported its highest-ever quarterly profit during the period.<\/p>\n\n\n\n
Tata Power’s renewable energy business remained one of the key contributors to its Q2 FY27 performance.<\/p>\n\n\n\n
The company continued to benefit from utility-scale renewable energy projects, rooftop solar installations and solar manufacturing operations. During the first half of FY27, Tata Power added 765 MW of clean and green generation capacity, taking its total installed clean and green capacity to 8.6 GW.<\/p>\n\n\n\n
In Q2 FY27, the company produced 0.9 GW of solar cells and 1 GW of solar modules. Solar manufacturing profitability was supported by an improved sales mix and a module yield of 97%.<\/p>\n\n\n\n
The rooftop solar business also maintained its growth momentum, recording installations of 426 MWp during the quarter.<\/p>\n\n\n\n
The company’s transmission and distribution business continued to contribute to its overall financial performance.<\/p>\n\n\n\n
Expansion of network assets and improvements in operational efficiency supported earnings across the segment. Tata Power’s Odisha distribution companies also continued to improve operational performance, with aggregate technical and commercial (AT&C) losses improving by 5.7% over Q1 FY27.<\/p>\n\n\n\n
The company is also expanding its distribution infrastructure and digital capabilities to improve operational efficiency and customer service.<\/p>\n\n\n\n
Tata Power’s conventional generation business delivered a strong operational performance during the quarter, supported by high plant availability and improved plant load factors.<\/p>\n\n\n\n
The company reported approximately 90% plant availability across its conventional generation portfolio. Its Mundra power plant continued to operate at full capacity under the extended Section 11 directive, which remains applicable until December 2026.<\/p>\n\n\n\n
The company is also progressing with discussions with multiple states to secure supplementary power purchase agreements (SPPAs) for the Mundra plant.<\/p>\n\n\n\n
In a major development, Tata Power’s Board approved an investment of \u20b911,871 crore in the 1,800 MW Shirwata pumped storage project in Maharashtra.<\/p>\n\n\n\n
The project is expected to strengthen the company’s energy storage portfolio and support the integration of renewable energy into the electricity grid.<\/p>\n\n\n\n
The proposed investment will be financed through a combination of 75% debt and 25% equity. The project is expected to have a construction period of approximately 51 months.<\/p>\n\n\n\n
Tata Power is also progressing with its 1,000 MW Bhivpuri pumped storage project in Maharashtra, which is part of its broader strategy to expand energy storage infrastructure.<\/p>\n\n\n\n
Tata Power invested approximately \u20b910,000 crore in capital expenditure during the first half of FY27.<\/p>\n\n\n\n
The investment was directed towards renewable energy capacity expansion, transmission infrastructure, pumped storage projects and distribution networks.<\/p>\n\n\n\n
The company added 765 MW of clean and green generation capacity during the first half, while its renewable energy platform continued to expand across utility-scale projects, rooftop solar and manufacturing operations.<\/p>\n\n\n\n
Commenting on the quarterly performance, Dr. Praveer Sinha, CEO and Managing Director of Tata Power, said the company delivered its highest-ever quarterly profit, supported by strong contributions across its businesses.<\/p>\n\n\n\n
He highlighted that regulated and contracted businesses provide resilient cash flows, while renewable energy, rooftop solar, storage and customer-focused solutions continue to strengthen the company’s growth momentum.<\/p>\n\n\n\n
He also emphasised that the company’s capital deployment during the first half of FY27 is accelerating renewable capacity additions, transmission expansion, pumped storage development and digital distribution infrastructure.<\/p>\n\n\n\n
Tata Power’s Q2 FY27 performance reflected strong growth in revenue and consolidated profitability, supported by its diversified energy portfolio. Consolidated PAT increased 33% year-on-year to \u20b91,652 crore, while revenue grew 26% to \u20b919,886 crore.<\/p>\n\n\n\n
The company’s renewable energy expansion, rooftop solar installations, transmission infrastructure investments and pumped storage projects remain important growth drivers.<\/p>\n\n\n\n
Going forward, market participants will monitor the execution of its renewable energy and storage projects, progress on the Shirwata investment, and the company’s efforts to strengthen its integrated power business.<\/p>\n\n\n\n
Source:<\/strong> Tata Power’s Q2 FY27 financial results and company disclosures dated November 11, 2026.<\/p>\n\n\n\n Disclaimer:<\/strong> Investments in the securities market are subject to market risks. Read all related documents carefully before investing.<\/p>\n\n\n\n Tata Power Company Limited reported a 32.7% year-on-year (YoY) increase in consolidated profit after tax (PAT) to \u20b91,652 crore for the second quarter of FY27, compared with \u20b91,245 crore in the corresponding quarter last year. The company’s revenue increased 26% YoY to \u20b919,886 crore in Q2 FY27, against \u20b915,769 crore in Q2 FY26. Consolidated EBITDA […]<\/p>\n","protected":false},"author":1,"featured_media":9167,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62,52,50],"tags":[642,1979,1980],"class_list":["post-9166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","category-daily-market-update","category-indian-market","tag-q2-results","tag-tata-power","tag-tata-power-q2-results"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/9166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=9166"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/9166\/revisions"}],"predecessor-version":[{"id":9168,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/9166\/revisions\/9168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/9167"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=9166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=9166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=9166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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