Tata Power Q4 profit dips 4 percent as revenue slides 13 percent despite record annual PAT

Q4 weak, but FY26 PAT hits a new peak

Tata Power’s consolidated net profit for Q4 FY26 fell 4% year-on-year to Rs 996 crore, while revenue dropped 13%. The quarter’s softness contrasts with a strong full-year performance: FY26 saw Tata Power achieve its highest-ever annual PAT of Rs 5,118 crore, supported by renewables, solar manufacturing, and transmission and distribution.