StocksMedium•12 November 2026•
1 min read
Tata Power Shares Rise as Q2 Profit Jumps 33%
Key Facts
1Tata Power reported a 33% year-on-year increase in profit after tax to Rs 1,652 crore for Q2 FY27.
2Revenue rose 26% to Rs 19,886 crore during the quarter, supported by growth in generation and renewables.
Tata Power reported a 33% year-on-year increase in profit after tax to Rs 1,652 crore for the second quarter of FY27. Business Standard reported that the company's revenue rose 26% to Rs 19,886 crore during the quarter, supported by growth across its generation, renewables, transmission, and distribution segments.
Shares of Tata Power rose 2% in intraday trade following the release of financial results that met brokerage estimates. Elara Capital noted that the company added 765MW of clean energy capacity in the first half of the fiscal year, bringing its total installed renewable capacity to 7.2GW, while maintaining a 'Buy' rating with a target price of Rs 485 per share.