Tata Power posts record Q2 profit of Rs 1,652 crore, up 33%

The power major reported a 26% surge in quarterly revenue to ₹ 19,886 crore. Meanwhile, its earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 5% to ₹ 4,245 crore.

For the first half of FY27, the company recorded a profit of ₹ 3,053 crore, up 22% year-on-year. Half-yearly revenues grew 17% to reach ₹ 38,784 crore during this period.

Tata Power deployed a record capital expenditure of ₹ 10,000 crore during the first half. This strategic investment aims to bolster critical power infrastructure and support India’s long-term energy transition.

Surging national electricity demand fueled the company’s strong performance across key verticals. Sustained economic activity, severe heatwaves, and expanding data centres drove cooling and industrial power consumption significantly higher.

The utility company expanded its renewable energy portfolio, bringing total utility-scale capacity to 7.2 GW. It added 1.4 GW of renewable generation assets over the past twelve months.

Tata Power strengthened its rooftop solar segment by reaching 5.12 GWp of cumulative installed capacity. The company added 426 MWp in the second quarter alone to consolidate its market leadership.

Solar manufacturing operations delivered robust output, producing 0.9 GW of cells and 1 GW of modules in Q2. The manufacturing unit maintained high efficiency with an industry-leading 97% module yield.

The conventional generation segment maintained reliable operations with plant availability near 90%. The Mundra plant operated at full capacity under Section 11 directives to ensure grid stability.

Tata Power also expanded its EV infrastructure, deploying over 6,700 public charging points nationwide. Additionally, smart meter installations across its distribution companies surpassed the 60-lakh mark.