Board Meeting Details

The Board of Directors meeting was held on July 27, 2026, commencing at 2:00 PM IST and concluding at 4:15 PM IST. The trading window was closed from June 24, 2026, to July 29, 2026, and reopened on July 30, 2026.

Key Financial Results - Consolidated (Q1 FY27)

Income Statement (₹ crore)

  • Revenue from Operations: 19,051.26 (vs. 18,035.07 in Q1 FY26, +5.6% YoY)
  • Other Income: 388.39
  • Total Income: 19,439.65
  • Total Expenses: 17,704.61
  • Profit Before Tax: 1,823.34
  • Tax Expense: 422.48
  • Net Profit: 1,400.86 (vs. 1,262.32 in Q1 FY26, +11% YoY)
  • Other Comprehensive Income: 74.25
  • Total Comprehensive Income: 1,475.11

Segment Performance (₹ crore)

  • Thermal & Hydro Revenue: 4,363.64
  • Renewables Revenue: 1,772.58
  • Transmission & Distribution Revenue: 1,772.58
  • Others Revenue: 8.06

Earnings Per Share (₹)

  • Basic EPS (after regulatory deferral): 3.68
  • Diluted EPS (after regulatory deferral): 3.67

Capital Structure

  • Paid-up Equity Share Capital: 319.56 crore (face value ₹1 per share)
  • Other Equity: 39,147.65 crore

Key Financial Results - Standalone (Q1 FY27)

Income Statement (₹ crore)

  • Revenue from Operations: 5,688.80
  • Other Income: 191.24
  • Total Income: 5,880.04
  • Total Expenses: 5,369.29
  • Profit Before Tax: 374.23
  • Tax Expense: 96.86
  • Net Profit: 277.37
  • Other Comprehensive Income: 220.73
  • Total Comprehensive Income: 498.10

Earnings Per Share (₹)

  • Basic EPS (after regulatory deferral): 0.87
  • Diluted EPS (after regulatory deferral): 0.87

Significant Contingent Liability

The company received an unfavorable arbitration award from Singapore International Arbitration Centre (SIAC):

  • Liability award published: September 26, 2023
  • Quantum award published: July 1, 2025
  • Final award published: August 27, 2025
  • Total damages: USD 490.32 million plus interest at 5.33% from November 30, 2020
  • Costs: SGD 11,341,963.46 plus interest at 5.33% from July 1, 2025
  • The company filed an appeal with Singapore International Commercial Court (SICC) on October 23, 2025, to set aside the awards
  • Hearings completed, order reserved
  • No provision made in financial results pending final outcome

Dividend Information

  • Final dividend of ₹2.50 per fully paid equity share approved by shareholders on July 7, 2026
  • Total dividend amount: ₹798.83 crore
  • Dividend paid on July 10, 2026

Regulatory Framework

  • Prepared in accordance with Indian Accounting Standard 34 (Ind AS 34)
  • Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Compliance with Electricity Act, 2003 and relevant rules

Subsidiaries and Associates

Includes results from 6 audited/reviewed subsidiaries, 2 associates, and 5 joint ventures, plus 43 unaudited subsidiaries and 3 unaudited associates with 8 joint ventures

Mundra Power Plant Update

  • Operations suspended from July 3, 2025, for overhauling activities
  • Supplementary PPA executed with GUVNL on March 23, 2026, effective April 1, 2025
  • Ministry of Power issued directions under Section 11 permitting operations from April 1, 2026, to June 30, 2026 (extended to September 30, 2026)
  • Approvals from other procurers in progress

Auditor Information

  • SR BC & CO LLP, Chartered Accountants
  • ICAI Firm Registration Number: 324982E/E300003
  • Partner: Vikram Mehta (Membership No.: 105938)

Additional Information

All announcements are available on the company's website at www.tatapower.com