Article

Tata Power's consolidated net profit for Q3 FY26 fell 25% to Rs 772 crore, with revenues declining 9% to Rs 13,948.41 crore. Total expenses were Rs 13,465.06 crore, a 6% decrease. The company reported a one-time expense of Rs 78 crore from new labor codes.

Power demand remained flat, contrasting with 7% growth in the same period last year. Adjusted profit after tax increased 1% to Rs 1,194 crore, while EBITDA rose 12% to Rs 3,913 crore. Tata Power serves over 13 million customers, has surpassed 10 GW in renewable EPC execution, and secured World Bank financing for a hydropower project in Bhutan.