Bhubaneswar : Tata Power reported a strong performance in Q1 FY26 with Odisha Discoms net profit registering stellar growth.

Tata Power, India’s largest vertically integrated power company, Monday reported Profit After Tax (PAT) of Rs 1,262 crore (up 6 % YoY) in the first quarter ended June 30, 2025. The Company’s revenue rose to Rs 17,464 crore (up 4 % YoY); while EBITDA grew to ₹3,930 crore (up 17 % YoY) in Q1 FY26.

During this Q1 2026period, the net profit from Odisha Discoms operations posted a net growth of 156% (YoY) to Rs 105 crore. The Odisha Discoms retail power business has emerged as national model of discom reforms.

Tata Power, which deivered 23 consecutive quarter of PAT growth, achieves EBITDA of Rs 3,930 crore (up 17 % YoY) with revenue at ₹ 17,464 crore (up 4 % YoY).

In its renewables business PAT grows to Rs 531 crore (up 95 % YoY) as it commissioned 94 MW RE capacity in Q1 FY26 achieving operational renewable capacity at 5.6 GW.

The company maintained No. 1 position in the Rooftop Solar segment with total installations of above 2 lakh and cumulative capacity above 3.4 GWp.The Solar Rooftop segment has seen a stellar growth with revenues more than doubling to Rs 823 crore in Q1 FY26 (YoY).

The Company has applied for expansion of distribution license in key growth areas of Maharashtra

Dr. Praveer Sinha, CEO and Managing Director, Tata Power, said, “We have commenced FY26 on a high note, with strong performance across all our business verticals. Our renewable energy portfolio continues to exceed expectations, as we drive innovation, scale, and efficiency across the clean energy value chain.Our Generation and T&D businesses are delivering impressive gains. Our Discoms are providing reliable electricity to ~13 million customers. Through its all-round performance, our Odisha Discoms have emerged as the national model of Discom reforms. In-line with our target to reach 40 million customers by 2030, we have applied for license to expana our distribution footprints in key growth areas of Maharashtra.We are proud to contribute towards India’s energy transition with a generation portfolio exceeding 26 GW (including projects under development), over 65% of which comes from clean, green sources.”