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Business

Tata Power Reports Decline in Quarterly Profit, Announces Dividend

Indian Community Editorial TeamBy Indian Community Editorial TeamMay 12, 20261 Min ReadNo Comments Add us to Google Preferred Sources
Tata Power Reports Decline in Quarterly Profit, Announces Dividend
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Tata Power’s consolidated net profit for the January-March quarter of FY26 dropped by 4.5% year-on-year to Rs 996 crore, as per the company’s regulatory filing. Revenue from operations in the same period decreased by 12.8% to Rs 14,900 crore compared to the previous year.

The company’s board recommended a final dividend of Rs 2.50 per equity share for the financial year ending March 31, 2026, subject to shareholder approval at the 107th Annual General Meeting on July 7, 2026. The record date for dividend eligibility is set for June 23, 2026.

Despite the quarterly profit decline, Tata Power achieved its highest-ever annual profit after tax at Rs 5,118 crore for FY26, marking a 7% increase from the previous year. Annual EBITDA rose by 11% to Rs 16,090 crore, with total revenue reaching Rs 63,681 crore for the financial year.

Management emphasized the company’s growth opportunities in various segments due to the increasing electricity demand in India and the nation’s energy transition. Tata Power aims to expand its clean energy portfolio, enhance transmission infrastructure, and improve distribution operations in Odisha, Delhi, and Mumbai.

Annual General Meeting Delhi Dividend EBITDA FY26 India Mumbai Odisha Praveer Sinha revenue Tata Power
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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