Tata Power Company Limited — Investor Meet, 16-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

The company achieved its 24th consecutive quarter of PAT growth (14% YoY), with Q2 PAT up significantly in Odisha Discoms (362% to 174 Cr), solar manufacturing (262% to 240 Cr), and rooftop solar (390% to 123 Cr), which also saw Q2 sales over 1,000 Cr. EBITDA surpassed 4,000 Cr.

Management expects to resolve Mundra issues with Gujarat this month. A 1.3 GW renewable capacity addition is planned for H2 FY26. Tata Power is evaluating a 10 GW ingot and wafer plant and committed 1,500-1,600 Cr equity for Bhutan's 1,125 MW Dorjilung hydro project. The balance sheet remains strong, supporting future green growth.