Tata Power Q4 results 2026, Tata Power Dividend 2026: Tata Power Company Limited today reported its earnings for the fourth quarter of the financial year 2025-26. The Tata Group company also announced a 250 per cent dividend for its shareholders.

Tata Power Q4 results - Consolidated (YoY)

Tata Power Company reported a 4.5 per cent year-on-year (YoY) decline in its consolidated net profit to Rs 996 crore in the January-March 2026 quarter compared to Rs 1,043 crore posted in Q4 FY25.

The company's revenue from operations also slipped 12.8 per cent YoY to stand at Rs 14,900 crore in Q4 FY26 against Rs 17,096 crore in Q4 FY25.

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization slipped 19.9 per cent YoY to Rs 2,599 crore in Q4 FY26 compared to Rs 3,246 cr in Q4 FY25. EBITDA Margin contracted to 17.4 per cent in Q4 FY26 vs 19 per cent in the corresponding quarter of the previous financial year.

In a press release, Tata Power said the quarter reflects the company's commitment to strengthening clean energy capabilities, enhancing efficiency across operations and deepening regional partnerships that support long-term energy security and sustainability.

"One of the key highlights of the Quarter was the Company's continued commitment towards building a better tomorrow. During the quarter the Company has made progress on Hydro Power Projects in Bhutan, completed two major Transmission projects under TBCB to facilitate power evacuation and achieved steady progress in the construction of its Pumped Hydro Project aimed at enabling reliable round-the-clock clean energy availability," the Tata Group firm added.

• Revenue at Rs 14,900 crore in Q4 FY26 vs Rs 17,096 crore in Q4 FY25, down 12.8% YoY
• Profit at Rs 996 crore in Q4 FY26 vs Rs 1,043 crore in Q4 FY25, down 4.5% YoY
• EBITDA at Rs 2,599 crore in Q4 FY26 vs Rs 3,246 cr in Q4 FY25, down 19.9% YoY
• EBITDA Margin at 17.4% in Q4 FY26 vs 19% in Q4 FY25
• Recommends final dividend of Rs 2.50 per share

Praveer Sinha, CEO and Managing Director at Tata Power said, "This quarter and year reflect our sustained focus on creating long-term value through disciplined growth, operational excellence and strategic partnerships. The addition of new clean energy assets, steady progress in TBCB projects, continued improvement in Distribution businesses in Odisha, Delhi & Mumbai and strengthening of cross-border regional energy collaboration, underscore our commitment to building a more resilient energy future. As electricity demand continues to rise and peak requirements are projected to reach 270 GW this year, energy security and reliability remain critical priorities."

"Our focus on rooftop solar solutions, manufacturing-linked self-reliance and deeper backward integration will play a key role in enabling dependable and future-ready energy systems, driving Tata Power's growth. Aligned with India's clean energy ambitions, we continue to strengthen our capabilities across generation, transmission, distribution and customer-centric solutions thereby building a greener and smarter tomorrow," Sinha added.

For FY26, the reported PAT grew 7 per cent to an all-time high of Rs 5,118 crore while revenue reached Rs 63,681 crore, and EBITDA rose to Rs 16,090 crore, up 11 per cent.

"Q4 FY26 performance was driven by strong execution across the Company's diversified portfolio, accelerated module and cell ramp-up at Tirunelveli in Tamil Nadu, achievement of the milestone of over 3.7 lakh rooftop solar installations, large-scale renewable capacity commissioning, and continued operational improvements in Odisha DISCOMs," Tata Power stated in the release.

In Q4 FY26, the Core Business impressive 13 per cent YoY growth in PAT, driven primarily by the continued performance of Generations, Transmission & Distribution and Renewables verticals, Tata Power said.

In FY26, Tata Power supplied 49.52 billion units of electricity to the grid, and its Discoms supplied approximately 47.92 billion units to consumers, it added.

Tata Power Q4 results: Key Highlights

• Q4 FY26 revenue stood at Rs 15,962 crore; EBITDA grows to Rs 4,216 crore, up 10% YoY
• FY26 revenue stood at Rs 63,681 crore; EBITDA grows to Rs 16,090 crore, up 11% YoY
• Core Business delivers strong performance backed by improved operational efficiency with revenue growth of 13%, EBITDA growth of 27% & PAT growth of 34% YoY in FY26
• Renewables business PAT stood at Rs 406 crore in Q4 FY26: FY26 PAT rises to Rs 1,994 crore, up 59% YoY
• Solar Cell and Module Manufacturing PAT grow to Rs 265 crore up 40% in Q4FY26; FY26 PAT rises to Rs 857 crore, up 103% YoY, driven by Industry Leading Yield of more than 95%
• Rooftop Solar PAT grows to Rs 186 crore up 94% YoY in Q4 FY26: FY26 PAT rises to Rs 499 crore, up 150% YoY
• T&D business PAT stood at Rs 949 crore in Q4 FY26, up 54% YoY: FY26 PAT rises to Rs 2,978 crore, up 49% YoY
• Odisha DISCOMs PAT grows to Rs 304 crore in Q4 FY26, up 11% YoY: FY26 PAT rises to Rs 809 crore, up 84% YoY

Tata Power Dividend 2026

Board of Tata Power today recommended a final dividend of Rs 2.50 per share for the financial year ended March 31, 2026.

"The Board has recommended a final dividend of Rs 2.50 per Equity Share of ₹ 1 each (@ 250%) to the Members for the financial year ended March 31, 2026," the Tata Group firm said.

The dividend recommended by the Board, however, is subject to the approval of the members at the forthcoming 107th Annual General Meeting (AGM) of the company scheduled to be held on Tuesday, July 7, 2026, it added.

Tata Power Dividend 2026 record date

The company has fixed the Record Date as Tuesday, June 23, 2026 for taking record of the Members of the Company for the purpose of payment of dividend.

Tata Power Dividend 2026 payment date

The dividend, if approved by the members at the AGM, will be paid, subject to deduction of tax at source, on or after Friday, July 10, 2026 as under:

i. to all Beneficial Owners in respect of shares held in electronic form as per the data as may be made available by depositories at the close of business hours on Tuesday, June 23, 2026; and

ii. to all those Members holding shares in physical form, whose names stand registered in the Company's Register of Members as Members on the close of the business hours on Tuesday, June 23, 2026.