Jamshedpur : Tata Power, one of India’s leading integrated power companies, has reported its highest-ever quarterly Profit After Tax (PAT) of ₹1,652 crore in Q2 FY27, registering a 33% year-on-year increase. The company’s revenue grew 26% to ₹19,886 crore, while EBITDA stood at ₹4,245 crore during the quarter.
For the first half of FY27, Tata Power recorded a 22% increase in PAT to ₹3,053 crore. Revenue reached ₹38,784 crore, while EBITDA stood at ₹8,494 crore, reflecting strong performance across its diversified businesses.
The growth was driven by contributions from conventional generation, renewable energy, transmission and distribution, and emerging consumer-focused green energy solutions. Regulated and long-term contracted businesses continued to strengthen earnings stability and cash flow visibility.
During H1 FY27, the company invested approximately ₹10,000 crore, marking its highest-ever half-yearly capital deployment. The investment is aimed at expanding critical power infrastructure, renewable energy capacity, transmission networks and energy storage solutions.
India’s rising electricity demand, driven by industrial growth, agricultural consumption, household requirements, electric vehicle adoption and expanding data centres, has created greater demand for reliable power supply. Tata Power is addressing these requirements through its diversified generation portfolio, renewable projects and energy storage infrastructure.
Renewable energy remained a major contributor to growth, supported by 1.4 GW of capacity additions over the past 12 months. The company’s rooftop solar business has crossed 5.1 GWp in cumulative installations, strengthening its position in the renewable energy market.
In Odisha, the distribution business continued to improve operational efficiency, with Aggregate Technical and Commercial (AT&C) losses declining by 5.7% compared with Q1 FY27. Following Cyclone Arnab, electricity supply was restored in affected areas within 48–72 hours. The company is also expanding AI-driven digitalisation to improve operational efficiency, predictive maintenance and customer services.
The conventional generation business also delivered strong performance. The Mundra power plant continued operating at full capacity under Section 11 directions, currently extended until December-end. The company is holding advanced discussions with several states for Supplementary Power Purchase Agreements (SPPAs).
Tata Power is also expanding its pumped storage hydro portfolio. Construction at the Bhivpuri Pumped Storage Project is progressing as scheduled, while the Board has approved the capital commitment for the Shirwata project.
Commenting on the performance, Dr Praveer Sinha, CEO and Managing Director of Tata Power, said the company had achieved its highest-ever quarterly profit, supported by strong contributions from all business segments.
He highlighted that the company’s ₹10,000 crore investment during the first half of FY27 would accelerate renewable energy expansion, transmission infrastructure, pumped storage development and digital distribution networks.
With a strong project pipeline, disciplined capital allocation and improving profitability, Tata Power aims to sustain profitable growth while contributing to India’s energy transition and strengthening the country’s energy security.
