Sector: Power and Renewable Energy
Tata Power Company Ltd. reported a 32.7% YoY increase in consolidated net profit to Rs. 1,652.04 crore for Q2 FY27, compared with Rs. 1,245.39 crore in the corresponding quarter of the previous financial year. Revenue from operations increased 26.3% YoY to Rs. 19,635.94 crore against Rs. 15,544.91 crore in Q2 FY26, while EBITDA rose 5.3% to Rs. 4,245 crore.
The company attributed its performance to contributions from its power generation, renewable energy, transmission and distribution businesses. During the first half of FY27, consolidated profit after tax reached Rs. 3,053 crore, registering a 22% YoY growth. Tata Power also reported capital expenditure of approximately Rs. 10,000 crore during the first half, directed towards renewable energy, transmission infrastructure, pumped storage and distribution networks. The company continues to expand its clean-energy capacity and solar manufacturing operations.
Source: Moneycontrol / Tata Power official release
