Tata Power Q1 profit rises 6% to Rs 1,262 crore – News Air Insight

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Tata Power on Friday posted a tad over 6% year-on-year rise in consolidated net profit at ‘1,262 crore in the June quarter on the back of higher revenues from the renewable as well as transmission and distribution (T&D) businesses.

Net profit for the June quarter of the previous fiscal was ‘1,189 crore. The company’s revenue rose to ‘17,464 crore during the quarter from ‘16,810 crore in the same period a year ago.

“Our renewable energy portfolio continues to exceed expectations, as we drive innovation, scale, and efficiency across the clean energy value chain,” Praveer Sinha, CEO and MD, Tata Power, said, adding that the generation and T&D businesses were delivering impressive gains and that the company’s discoms are providing reliable electricity to 13 million customers.

“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,” he added.

Total utility-scale operational renewable energy capacity stands at 5.6 GW (4.6 GW solar and 1 GW wind) and it plans to add 1.6 GW in the next three quarters of FY26. The company achieved a record rooftop solar installation of 270 MWp in Q1 FY26 with total installations above 2 lakh and cumulative capacity above 3.4 GWp.




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