Tata Power Delivers Strong Q3 FY26 Performance; PAT grows to ₹1,194 crore
Mumbai: Tata Power, one of India’s largest vertically integrated power companies, today reported Profit After Tax (PAT) of ₹ 1,194crore in the third quarter ended December 31, 2025. The Company reported revenue of ₹ 14,485 crore; and EBITDA of ₹ 3,913 crore during the same period.
For the 9-Month period, Company’s PAT rose to ₹ 3,702 crore (up 7 % YoY); revenue rose to ₹ 47,719 crore (up 1 % YoY); while EBITDA grew to ₹ 11,874 crore (up 12 % YoY).
The Company’s performance during the third quarter and 9-Month period reflects the strength of its diversified and integrated portfolio, spanning renewables, transmission and distribution, new energy solutions, and conventional generation.
Consolidated financial performance (in ₹ crore)
| Particulars | Q3 FY26 | Q3 FY25 | Change YoY | 9M FY26 | 9M FY25 | Change YoY |
| Reported PAT | 1,194 | 1,188 | 1 % | 3,702 | 3,469 | 7 % |
| EBITDA | 3,913 | 3,481 | 12 % | 11,874 | 10,639 | 12 % |
| Revenue | 14,485 | 15,118 | (4) % | 47,719 | 47,174 | 1 % |
Dr Praveer Sinha, CEO & Managing Director, Tata Power, said, “Q3 FY26 marked strong execution and all-round performance across Generation, Transmission, Distribution, Renewables, and Manufacturing.
We 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.
We now serve over 13 million Distribution customers nationwide – the largest base among private utilities. Our Odisha Discoms delivered strong financial and operational performance, earning A+ and A grades in the Ministry of Power’s 14th Integrated Ratings. In Transmission, we commissioned key projects strengthening green energy corridors. The World Bank’s financing for Bhutan’s largest PPP hydropower project further strengthens our clean energy portfolio and regional cooperation.
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. As India enters a decisive phase of power sector expansion, Tata Power remains focused on responsibly scaling clean energy capacity, strengthening system resilience, and delivering long-term, reliable growth.”
