Tata Power Has Not Confirmed Second-Quarter FY27 Earnings Ahead of Investor Call Today
Key Facts
Tata Power’s second-quarter fiscal 2027 results disclosure did not appear in the results list on its investor resources page, so the earnings figure attributed to the company could not be confirmed. The page listed results for the quarter ended September 30, 2025, which relate to the second quarter of fiscal 2026. The displayed list therefore contains no official result for the period ended September 2026. The company scheduled a call with analysts and institutional investors to discuss second-quarter fiscal 2027 results. The call is set for November 11, 2026.
Tata Power Renewables said it commissioned utility-scale projects with capacity of 419 megawatts in the second quarter of fiscal 2027. It added that execution of renewable energy projects at this scale recorded year-on-year growth of more than 130% over the same period. This provides a separate operational indicator from the group’s financial results, which did not appear in the displayed investor relations list. The capacity figure alone does not establish the company’s earnings or margins for the quarter. The published profit and revenue figures for the comparable period are from the previous fiscal year.
In the second quarter of fiscal 2026, Tata Power reported consolidated net profit of 1,245 crore rupees, up 14% year on year. Revenue was 15,769 crore rupees, up 3% year on year. Consolidated EBITDA was 4,032 crore rupees, up 6% year on year. The company reported profit of 1,245 crore rupees at the time, compared with 1,093 crore rupees in the second quarter of fiscal 2025. These figures remain background on the prior period and do not represent second-quarter fiscal 2027 results.
In a statement published with its second-quarter fiscal 2026 results, the company said it had 10 gigawatts of clean energy under construction, including a 5-gigawatt pipeline of hybrid projects and dispatchable renewable energy projects. Tata Power linked that quarter’s performance to growth across conventional generation, clean energy and consumer-focused distribution. These details describe the company’s direction and plans as reported in the previous year’s disclosure. They do not replace the current-period results that investors are awaiting discussion of in the scheduled call. The call is set to begin at 6:00 p.m. India time on Wednesday, November 11, 2026.
On debt, the fiscal 2026 integrated annual report showed net debt of 56,122 crore rupees, compared with 44,672 crore rupees in fiscal 2025. The reported net debt-to-EBITDA ratio was 3.49 times, compared with 3.09 times a year earlier. These figures provide published financial context ahead of the current quarter’s results. The company’s discussion of the current period’s quarterly performance with analysts and institutional investors is still awaited.