How Did Tata Power Solar Achieve 10% Profit Growth in Q1?

QUARTER RESULTS

Mumbai, July 30, 2025 — Tata Power Company Limited has reported a consolidated net
profit of ₹1,083 crore for the first quarter of FY26, a 10% increase from ₹987 crore in the
same period last year, driven by growth in its renewable energy portfolio and strong
operational performance.
The company’s total income stood at ₹16,532 crore, up from ₹15,486 crore in Q1 FY25.
Revenue from operations reached ₹15,910 crore, with a significant contribution from
renewable energy generation and distribution businesses. EBITDA came in at ₹3,430 crore,
supported by cost efficiencies and expansion in clean energy projects.
Tata Power’s renewable capacity (operational and under construction) now stands at over
7,900 MW, reinforcing its target of achieving 20 GW of green energy capacity by 2030. The
company also reported progress in its solar manufacturing unit, rooftop installations, and EV
charging network expansion across India.
Finance costs increased to₹783 crore due to capacity addition-related borrowings, while
depreciation expenses rose to ₹915 crore. The company’s board reaffirmed its focus on
sustainable growth, with strategic investments in solar, wind, hybrid, and battery storage
projects. ₹
The results were well-received in the market, with analysts citing Tata Power’s consistent
shift toward renewable energy as a key driver for long-term value creation.