| Scrip Code | 500400 |
|---|---|
| NSE Symbol | TATAPOWER |
| MSEI Symbol | NOTLISTED |
| ISIN | INE245A01021 |
| Name of company | Tata Power Company Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 12-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 22-04-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 12-05-2026 14:00:00 |
| End date and time of board meeting | 12-05-2026 16:05:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 14,90,020.00 | 62,42,859.00 | |
| Other income | 55,528.00 | 1,74,307.00 | |
| Total income | 15,45,548.00 | 64,17,166.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 2,46,507.00 | 8,61,840.00 |
| (b) | Purchases of stock-in-trade | 824.00 | 4,235.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 774.00 | (8,411.00) |
| (d) | Employee benefit expense | 1,23,377.00 | 4,69,373.00 |
| (e) | Finance costs | 1,29,526.00 | 5,25,679.00 |
| (f) | Depreciation, depletion and amortisation expense | 1,28,023.00 | 4,81,109.00 |
| (f) | Other Expenses | ||
| 1 | Cost of Power Purchased | 4,67,537.00 | 19,64,725.00 |
| 2 | Cost of Fuel | 1,33,629.00 | 7,49,839.00 |
| 3 | Transmission Charges | 36,003.00 | 1,46,798.00 |
| 4 | Other Expenses | 2,21,450.00 | 7,44,954.00 |
| Total other expenses | 8,58,619.00 | 36,06,316.00 | |
| Total expenses | 14,87,650.00 | 59,40,141.00 | |
| 3 | Total profit before exceptional items and tax | 57,898.00 | 4,77,025.00 |
| 4 | Exceptional items | (9,417.00) | (9,417.00) |
| 5 | Total profit before tax | 48,481.00 | 4,67,608.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 26,304.00 | 94,489.00 |
| 8 | Deferred tax | 11,844.00 | 57,354.00 |
| 9 | Total tax expenses | 38,148.00 | 1,51,843.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 1,06,172.00 | 1,25,204.00 |
| 11 | Net Profit Loss for the period from continuing operations | 1,16,505.00 | 4,40,969.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 25,047.00 | 70,787.00 |
| 16 | Total profit (loss) for period | 1,41,552.00 | 5,11,756.00 |
| 17 | Other comprehensive income net of taxes | 17,771.00 | 60,006.00 |
| 18 | Total Comprehensive Income for the period | 1,59,323.00 | 5,71,762.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 99,591.00 | 3,74,719.00 | |
| Total profit or loss, attributable to non-controlling interests | 41,961.00 | 1,37,037.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 1,13,940.00 | 4,30,961.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 45,383.00 | 1,40,801.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 31,956.00 | 31,956.00 | |
| Face value of equity share capital | 1 | 1 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 38,92,062.00 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 3.12 | 11.72 | |
| Diluted earnings (loss) per share from continuing operations | 3.11 | 11.71 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 3.12 | 11.72 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 3.11 | 11.71 | |
| 24 | Debt equity ratio | 1.6200 | 1.6200 |
| 25 | Debt service coverage ratio | 2.0900 | 1.7800 |
| 26 | Interest service coverage ratio | 2.5200 | 2.3700 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | NOTES TO THE CONSOLIDATED FINANCIAL RESULTS – Q4 FY26 1. The above consolidated financial results of The Tata Power Company Limited (the Holding Company) and its subsidiaries (together referred to as Group), associates and joint ventures were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 12th May, 2026. 2. The Holding Company supplied power from the Mundra Power Plant (Plant) upto 30th June, 2025, based on the directions of the Ministry of Power (MoP) under Section 11 of the Electricity Act, 2003. Effective 3rd July, 2025, the Holding Company temporarily suspended operations of the Plant to undertake pending overhauling activities aimed at resolving existing technical issues. On 23rd March, 2026, with effect from 1st April, 2025, the Holding Company executed the supplementary power purchase agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (“GUVNL”), with revised tariff and power supply framework, which superseded the earlier PPA for GUVNL’s contracted capacity. While approvals from the remaining procurers are in progress, the MoP has issued fresh directions under Section 11 permitting plant operations from 1st April, 2026 to 30th June, 2026 with the terms of SPPA, during which period management expects completion of the SPPA with the other procurers. 3. On 21st November, 2025, the Government of India notified four Labour Codes, namely the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively, the “Labour Codes”), consolidating 29 erstwhile labour laws. Subsequently, the Ministry of Labour & Employment issued draft Central Rules and FAQs to facilitate assessment of the financial implications arising from changes in the regulatory framework. Based on management’s assessment of the impact of the notified provisions of the Labour Codes, supported by draft Rules, FAQs and external legal opinion, the Group has recognised an additional expense of INR 74 crore towards gratuity and leave encashment liabilities. Of this amount, INR 62 crore pertains to the regulated business and based on management’s internal assessment supported by external legal opinion, has been considered as a pass through in tariff. The Group continues to monitor the issuance and finalisation of Central and State Rules and further clarifications from the Government in respect of other aspects of the Labour Codes. Any additional impact arising from such developments will be assessed and appropriately accounted for in the consolidated financial results as and when such rules are notified or clarifications are issued. 4. During the quarter, based on current operational performance, the Group has reassessed the recoverability of its investment in Adjaristsqali Netherlands B.V. (ABV) which is a Joint Venture, held for sale through its wholly owned subsidiary Tata Power International Limited (TPIPL) and accordingly has recognized an impairment provision of INR 94 crore as an exceptional item in the consolidated financial results. 5. During the quarter, the Holding Company has recognized a deferred tax asset amounting to INR 250 crore on previously unrecognised business losses, based on the reasonable certainty of generating taxable profits in the near future. 6. Tata Power Delhi Distribution Limited (TPDDL), a subsidiary company has accumulated regulatory deferral account balances primarily due to non-cost-reflective tariffs in earlier years. Pursuant to the judgment of the Supreme Court of India dated 6th August, 2025 (modified on 28th October, 2025), the regulatory assets are required to be liquidated in a time-bound manner in line with Rule 23 of the Electricity (Amendment) Rules, 2024, including carrying cost. Accordingly, based on the roadmap submitted by Delhi Electricity Regulatory Commission (‘DERC’) for liquidation over five years commencing from 1st April, 2026, the subsidiary company has aligned the carrying cost rate as per Rule 23. Accordingly, the Group has recognised regulatory assets of INR 296 crore and tax expense of INR 75 crore for the quarter ended 31st March, 2026. Further, during the year, the DERC has released the true-up order for FY 2022-23 and approved the tariff true-up order for FY 2021-22 in respect of TPDDL. Accordingly, the Group has recognised regulatory assets of INR 751 crore and tax expense of INR 189 crore during the year ended 31st March, 2026. 7. On 26th September, 2023 the Singapore International Arbitration Centre (SIAC) published a liability award whereby the Arbitral Tribunal held that the Holding Company was in breach of certain clauses of the Non-disclosure agreements entered into with Kleros Capital Partners Limited ('Kleros') and of its contractual duty of good faith and confidence. Further, on 1st July, 2025 and 27th August, 2025, the SIAC published a quantum award and final award (together referred to as 'awards'), directing the Holding Company to pay Kleros damages for loss of opportunity of USD 490,320,000 with simple interest of 5.33% from 30th November, 2020 and cost of SGD 11,341,963.46 with simple interest of 5.33% from 1st July, 2025. The Holding Company has obtained a view from its legal counsel stating that the Holding Company has various justifiable grounds to seek setting aside the awards with high probability of a favorable outcome. Based on the legal advice Holding Company has filed an appeal on 23rd October, 2025, with the Singapore International Commercial Court (SICC) for setting aside the awards and does not foresee any affirmative payment obligation. Considering this, no provision has been recorded in the financial results for the quarter and year ended 31st March, 2026. The hearings on the case are completed and the order is reserved in this matter. 8. During the quarter, the Holding Company entered into a joint venture with Druk Green Power Corporation (DGPC) of Bhutan for the development of the 1,125 MW Dorjilung Hydro Power Project, through the acquisition of a 40% equity stake in Dorjilung Hydro Power Limited (“DHPL”). The Holding Company invested INR 50 crore as the first tranche out of the total proposed investment of approximately INR 1,572 crore and subscribed to 50,00,000 equity shares of Nu. 100 each, representing 40% of the issued and paid up equity share capital of DHPL. 9. The Board of Directors of the Holding Company at its meeting held on 12th May, 2026 proposed a dividend of INR 2.50 per equity share subject to the approval of the shareholders in the upcoming annual general meeting. 10. Figures for the quarter ended 31st March, 2026 and 31st March, 2025 are the balancing figures between the audited figures in respect of the full years and the unaudited figures of nine months ended 31st December respectively. 11. The standalone audited financial results of the Holding Company are available for Investors at www.tatapower.com, www.nseindia.com and www.bseindia.com. RATIO DEFINITION: Debt Equity Ratio : Total Debt(1) / Total Equity(2) Debt Service Coverage Ratio : (Profit before exceptional items & tax + interest expenses + depreciation & amortisation - current tax expense) / (Interest expense + scheduled principal repayment of long-term debt and lease liabilities during the period(3)) Interest Service Coverage Ratio : (Profit before exceptional items and tax + Interest expense) / Interest expense (1) Total Debt: Long term borrowings (including current maturities of long term borrowings), lease liabilities (current and non current), short term borrowings and interest accrued on debts (2) Total Equity : Issued share capital, other equity and non-controlling interest (3) For the purpose of computation, scheduled principal repayment of long term borrowings does not include refinancing/prepayments (including prepayment by exercise of call/put option). |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 31-03-2026 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Assets | |||
| 1 | Non-current assets | ||
| Property, plant and equipment | 84,39,598.00 | ||
| Capital work-in-progress | 14,59,513.00 | ||
| Investment property | 0.00 | ||
| Goodwill | 1,65,146.00 | ||
| Other intangible assets | 1,24,525.00 | ||
| Intangible assets under development | 0.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Investments accounted for using equity method | 13,54,905.00 | ||
| Non-current financial assets | |||
| Non-current investments | 1,66,937.00 | ||
| Trade receivables, non-current | 1,59,935.00 | ||
| Loans, non-current | 3,714.00 | ||
| Other non-current financial assets | |||
| 1 | Finance Lease Receivables | 83,784.00 | |
| 2 | Other Financial Assets | 3,52,262.00 | |
| Total of other non-current financial assets | 4,36,046.00 | ||
| Total non-current financial assets | 7,66,632.00 | ||
| Deferred tax assets (net) | 60,754.00 | ||
| Other non-current assets | |||
| 1 | Other non-current assets | 10,63,584.00 | |
| 2 | Non-current Tax Assets (Net) | 96,096.00 | |
| Total of other non-current assets | 11,59,680.00 | ||
| Total non-current assets | 1,35,30,753.00 | ||
| 2 | Current assets | ||
| Inventories | 5,10,764.00 | ||
| Current financial asset | |||
| Current investments | 1,35,612.00 | ||
| Trade receivables, current | 4,42,396.00 | ||
| Cash and cash equivalents | 4,40,967.00 | ||
| Bank balance other than cash and cash equivalents | 9,23,433.00 | ||
| Loans, current | 1,980.00 | ||
| Other current financial assets | |||
| Total of other current financial assets | 4,24,595.00 | ||
| Total current financial assets | 23,68,983.00 | ||
| Current tax assets (net) | 0.00 | ||
| Other current assets | |||
| 1 | Other current assets | 1,77,358.00 | |
| Total of other current assets | 1,77,358.00 | ||
| Total current assets | 30,57,105.00 | ||
| 3 | Non-current assets classified as held for sale | 1,15,375.00 | |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 8,13,945.00 | |
| Total assets | 1,75,17,178.00 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 31,956.00 | ||
| Other equity | 39,14,765.00 | ||
| Total equity attributable to owners of parent | 39,46,721.00 | ||
| Non controlling interest | 8,07,086.00 | ||
| Total equity | 47,53,807.00 | ||
| 2 | Liabilities | ||
| Non-current liabilities | |||
| Non-current financial liabilities | |||
| Borrowings, non-current | 61,60,857.00 | ||
| Trade payables, non-current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | |||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | |||
| Total Trade payable | |||
| Other non-current financial liabilities | |||
| 1 | Lease Liabilities | 4,54,994.00 | |
| 2 | Other non-current financial liabilities | 69,464.00 | |
| Total of other non-current financial liabilities | 5,24,458.00 | ||
| Total non-current financial liabilities | 66,85,315.00 | ||
| Provisions, non-current | 3,21,385.00 | ||
| Deferred tax liabilities (net) | 4,80,788.00 | ||
| Deferred government grants, Non-current | 0.00 | ||
| Other non-current liabilities | |||
| 1 | Other non-current liabilities | 13,41,197.00 | |
| Total of other non-current liabilities | 13,41,197.00 | ||
| Total non-current liabilities | 88,28,685.00 | ||
| Current liabilities | |||
| Current financial liabilities | |||
| Borrowings, current | 9,51,382.00 | ||
| Trade payables, current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 80,984.00 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 6,32,839.00 | ||
| Total Trade payable | 7,13,823.00 | ||
| Other current financial liabilities | |||
| 1 | Lease Liabilities | 46,894.00 | |
| 2 | Acceptances | 3,64,797.00 | |
| 3 | Other current financial liabilities | 13,89,760.00 | |
| Total of other current financial liabilities | 18,01,451.00 | ||
| Total current financial liabilities | 34,66,656.00 | ||
| Other current liabilities | 3,69,115.00 | ||
| 1 | Other current liabilities | 3,69,115.00 | |
| Total of other current liabilities | 3,69,115.00 | ||
| Provisions, current | 68,044.00 | ||
| Current tax liabilities (Net) | 18,542.00 | ||
| Deferred government grants, Current | 0.00 | ||
| Total current liabilities | 39,22,357.00 | ||
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 11,424.00 | |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 905.00 | |
| Total liabilities | 1,27,63,371.00 | ||
| Total equity and liabilites | 1,75,17,178.00 | ||
| Disclosure of notes on assets and liabilities | Textual Information(1) | ||
| Textual Information(1) | NOTES TO THE CONSOLIDATED FINANCIAL RESULTS – Q4 FY26 1. The above consolidated financial results of The Tata Power Company Limited (the Holding Company) and its subsidiaries (together referred to as Group), associates and joint ventures were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 12th May, 2026. 2. The Holding Company supplied power from the Mundra Power Plant (Plant) upto 30th June, 2025, based on the directions of the Ministry of Power (MoP) under Section 11 of the Electricity Act, 2003. Effective 3rd July, 2025, the Holding Company temporarily suspended operations of the Plant to undertake pending overhauling activities aimed at resolving existing technical issues. On 23rd March, 2026, with effect from 1st April, 2025, the Holding Company executed the supplementary power purchase agreement (SPPA) with Gujarat Urja Vikas Nigam Limited (“GUVNL”), with revised tariff and power supply framework, which superseded the earlier PPA for GUVNL’s contracted capacity. While approvals from the remaining procurers are in progress, the MoP has issued fresh directions under Section 11 permitting plant operations from 1st April, 2026 to 30th June, 2026 with the terms of SPPA, during which period management expects completion of the SPPA with the other procurers. 3. On 21st November, 2025, the Government of India notified four Labour Codes, namely the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively, the “Labour Codes”), consolidating 29 erstwhile labour laws. Subsequently, the Ministry of Labour & Employment issued draft Central Rules and FAQs to facilitate assessment of the financial implications arising from changes in the regulatory framework. Based on management’s assessment of the impact of the notified provisions of the Labour Codes, supported by draft Rules, FAQs and external legal opinion, the Group has recognised an additional expense of INR 74 crore towards gratuity and leave encashment liabilities. Of this amount, INR 62 crore pertains to the regulated business and based on management’s internal assessment supported by external legal opinion, has been considered as a pass through in tariff. The Group continues to monitor the issuance and finalisation of Central and State Rules and further clarifications from the Government in respect of other aspects of the Labour Codes. Any additional impact arising from such developments will be assessed and appropriately accounted for in the consolidated financial results as and when such rules are notified or clarifications are issued. 4. During the quarter, based on current operational performance, the Group has reassessed the recoverability of its investment in Adjaristsqali Netherlands B.V. (ABV) which is a Joint Venture, held for sale through its wholly owned subsidiary Tata Power International Limited (TPIPL) and accordingly has recognized an impairment provision of INR 94 crore as an exceptional item in the consolidated financial results. 5. During the quarter, the Holding Company has recognized a deferred tax asset amounting to INR 250 crore on previously unrecognised business losses, based on the reasonable certainty of generating taxable profits in the near future. 6. Tata Power Delhi Distribution Limited (TPDDL), a subsidiary company has accumulated regulatory deferral account balances primarily due to non-cost-reflective tariffs in earlier years. Pursuant to the judgment of the Supreme Court of India dated 6th August, 2025 (modified on 28th October, 2025), the regulatory assets are required to be liquidated in a time-bound manner in line with Rule 23 of the Electricity (Amendment) Rules, 2024, including carrying cost. Accordingly, based on the roadmap submitted by Delhi Electricity Regulatory Commission (‘DERC’) for liquidation over five years commencing from 1st April, 2026, the subsidiary company has aligned the carrying cost rate as per Rule 23. Accordingly, the Group has recognised regulatory assets of INR 296 crore and tax expense of INR 75 crore for the quarter ended 31st March, 2026. Further, during the year, the DERC has released the true-up order for FY 2022-23 and approved the tariff true-up order for FY 2021-22 in respect of TPDDL. Accordingly, the Group has recognised regulatory assets of INR 751 crore and tax expense of INR 189 crore during the year ended 31st March, 2026. 7. On 26th September, 2023 the Singapore International Arbitration Centre (SIAC) published a liability award whereby the Arbitral Tribunal held that the Holding Company was in breach of certain clauses of the Non-disclosure agreements entered into with Kleros Capital Partners Limited ('Kleros') and of its contractual duty of good faith and confidence. Further, on 1st July, 2025 and 27th August, 2025, the SIAC published a quantum award and final award (together referred to as 'awards'), directing the Holding Company to pay Kleros damages for loss of opportunity of USD 490,320,000 with simple interest of 5.33% from 30th November, 2020 and cost of SGD 11,341,963.46 with simple interest of 5.33% from 1st July, 2025. The Holding Company has obtained a view from its legal counsel stating that the Holding Company has various justifiable grounds to seek setting aside the awards with high probability of a favorable outcome. Based on the legal advice Holding Company has filed an appeal on 23rd October, 2025, with the Singapore International Commercial Court (SICC) for setting aside the awards and does not foresee any affirmative payment obligation. Considering this, no provision has been recorded in the financial results for the quarter and year ended 31st March, 2026. The hearings on the case are completed and the order is reserved in this matter. 8. During the quarter, the Holding Company entered into a joint venture with Druk Green Power Corporation (DGPC) of Bhutan for the development of the 1,125 MW Dorjilung Hydro Power Project, through the acquisition of a 40% equity stake in Dorjilung Hydro Power Limited (“DHPL”). The Holding Company invested INR 50 crore as the first tranche out of the total proposed investment of approximately INR 1,572 crore and subscribed to 50,00,000 equity shares of Nu. 100 each, representing 40% of the issued and paid up equity share capital of DHPL. 9. The Board of Directors of the Holding Company at its meeting held on 12th May, 2026 proposed a dividend of INR 2.50 per equity share subject to the approval of the shareholders in the upcoming annual general meeting. 10. Figures for the quarter ended 31st March, 2026 and 31st March, 2025 are the balancing figures between the audited figures in respect of the full years and the unaudited figures of nine months ended 31st December respectively. 11. The standalone audited financial results of the Holding Company are available for Investors at www.tatapower.com, www.nseindia.com and www.bseindia.com. |
|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-01-2026 | 01-04-2025 | |||||
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Thermal & Hydro | 2,43,384.00 | 11,63,593.00 | ||||
| 2 | Renewables | 4,00,343.00 | 15,02,782.00 | ||||
| 3 | Transmission and Distribution | 10,69,883.00 | 41,33,859.00 | ||||
| 4 | Others | 11,468.00 | 43,179.00 | ||||
| Total Segment Revenue | 17,25,078.00 | 68,43,413.00 | |||||
| Less: Inter segment revenue | 1,31,883.00 | 4,81,852.00 | |||||
| Revenue from operations | 15,93,195.00 | 63,61,561.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Thermal & Hydro | 47,483.00 | 1,96,461.00 | ||||
| 2 | Renewables | 91,505.00 | 4,34,093.00 | ||||
| 3 | Transmission and Distribution | 1,35,878.00 | 4,39,859.00 | ||||
| 4 | Others | (3,637.00) | (10,472.00) | ||||
| Total Profit before tax | 2,71,229.00 | 10,59,941.00 | |||||
| i. Finance cost | 1,29,526.00 | 5,25,679.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (37,997.00) | (1,29,337.00) | |||||
| Profit before tax | 1,79,700.00 | 6,63,599.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Thermal & Hydro | 41,69,731.00 | 41,69,731.00 | ||||
| 2 | Renewables | 56,92,128.00 | 56,92,128.00 | ||||
| 3 | Transmission and Distribution | 53,42,887.00 | 53,42,887.00 | ||||
| 4 | Others | 1,57,291.00 | 1,57,291.00 | ||||
| Total Segment Asset | 1,53,62,037.00 | 1,53,62,037.00 | |||||
| Un-allocable Assets | 21,55,141.00 | 21,55,141.00 | |||||
| Net Segment Asset | 1,75,17,178.00 | 1,75,17,178.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Thermal & Hydro | 4,99,781.00 | 4,99,781.00 | ||||
| 2 | Renewables | 7,82,588.00 | 7,82,588.00 | ||||
| 3 | Transmission and Distribution | 31,77,887.00 | 31,77,887.00 | ||||
| 4 | Others | 17,088.00 | 17,088.00 | ||||
| Total Segment Liabilities | 44,77,344.00 | 44,77,344.00 | |||||
| Un-allocable Liabilities | 82,86,027.00 | 82,86,027.00 | |||||
| Net Segment Liabilities | 1,27,63,371.00 | 1,27,63,371.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | Thermal & Hydro: Comprises of generation of power from hydroelectric sources and thermal sources (coal, gas and oil) from plants owned and operated under lease arrangement and related ancillary services. It also comprises of hydro pump storage, coal - mining, trading, shipping and related infra business. Renewables: Comprises of generation of power from renewable energy sources i.e. wind and solar. It also comprises rooftop solar projects, electric vehicle charging stations, manufacturing of solar cell and module, EPC and maintenance services with respect to solar. Transmission and Distribution: Comprises of transmission and distribution network, sale of power to retail customers through distribution network and related ancillary services. It also comprises of power trading business. Others: Comprises of project management contracts/infrastructure management services, property under development and satellite communication. Un-alloacable Assets and Un-allocable Liabilities includes assets and related liabilities held for sale The Operating Segments have been reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker. RECONCILIATION OF REVENUE AND TOTAL NET MOVEMENT IN REGULATORY DEFERRAL BALANCES Quarter ended Year ended Particulars 31-March-26 31-March-26 (Audited) (Audited) Revenue from Operations 14,900.20 62,428.59 Add/(Less): Total Movement in Regulatory Deferral Balances (Net) 1,061.72 1,252.04 Add/(Less): Unallocable Revenue (29.97) (65.02) Total Segment Revenue and Net Movement in Regulatory Deferral Balances as reported above 15,931.95 63,615.61 |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement of Defined Benefit Plan | 13,320.00 | (18,092.00) |
| 2 | Net movement in Regulatory Deferral Balances | (10,707.00) | 16,662.00 |
| 3 | Equity Instrument classified as FVTOCI | (45,724.00) | (47,166.00) |
| 4 | Share of Other Comprehensive Income/(Loss) of Associates and Joint Ventures accounted for using the Equity Method (net of tax) | (4,840.00) | (5,367.00) |
| Total Amount of items that will not be reclassified to profit and loss | (47,951.00) | (53,963.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (4,760.00) | (7,530.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Exchange Differences in translating the financial statements of foreign operations | 34,273.00 | 64,149.00 |
| 2 | Effective portion of cash flow hedge | 39,371.00 | 44,388.00 |
| 3 | Share of Other Comprehensive Income/(Loss) of Associates and Joint Ventures accounted for using the Equity Method (net of tax) | (3,455.00) | 8,171.00 |
| Total Amount of items that will be reclassified to profit and loss | 70,189.00 | 1,16,708.00 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 9,227.00 | 10,269.00 |
| 5 | Total Other comprehensive income | 17,771.00 | 60,006.00 |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 31-03-2026 | ||||
| C | Whether results are audited or unaudited | Audited | ||||
| D | Nature of report standalone or consolidated | Consolidated | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 4,67,608.00 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 5,25,679.00 | |||||
| Adjustments for decrease (increase) in inventories | (53,582.00) | |||||
| Adjustments for decrease (increase) in trade receivables, current | 1,02,141.00 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | (37,633.00) | |||||
| Adjustments for decrease (increase) in other current assets | 10,309.00 | |||||
| Adjustments for decrease (increase) in other non-current assets | (1,37,699.00) | |||||
| Adjustments for other financial assets, non-current | (24,666.00) | |||||
| Adjustments for other financial assets, current | (3,450.00) | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | (1,55,930.00) | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | (11,556.00) | |||||
| Adjustments for increase (decrease) in other non-current liabilities | (59,512.00) | |||||
| Adjustments for depreciation and amortisation expense | 4,81,109.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | (9,830.00) | |||||
| Adjustments for provisions, non-current | 66,516.00 | |||||
| Adjustments for other financial liabilities, current | (83,955.00) | |||||
| Adjustments for other financial liabilities, non-current | 1,915.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | (6,757.00) | |||||
| Adjustments for dividend income | 45,520.00 | |||||
| Adjustments for interest income | 78,838.00 | |||||
| Adjustments for share-based payments | 4,544.00 | |||||
| Adjustments for fair value losses (gains) | (12,557.00) | |||||
| Adjustments for undistributed profits of associates | 70,787.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | (54,505.00) | |||||
| Other adjustments to reconcile profit (loss) | 1,95,991.00 | |||||
| Other adjustments for non-cash items | (2,93,296.00) | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 2,48,131.00 | |||||
| Net cash flows from (used in) operations | 7,15,739.00 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 1,16,406.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 5,99,333.00 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 1,148.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | (5,059.00) | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 29,400.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 2,470.00 | |||||
| Purchase of property, plant and equipment | 13,69,483.00 | |||||
| Proceeds from sales of investment property | 0.00 | |||||
| Purchase of investment property | 0.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 0.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 0.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 1,53,861.00 | |||||
| Interest received | 78,475.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (2,61,468.00) | |||||
| Net cash flows from (used in) investing activities | (14,19,338.00) | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 5,637.00 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 55,04,748.00 | |||||
| Repayments of borrowings | 42,48,500.00 | |||||
| Payments of lease liabilities | 60,430.00 | |||||
| Dividends paid | 1,11,351.00 | |||||
| Interest paid | 5,62,698.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 2,50,857.00 | |||||
| Net cash flows from (used in) financing activities | 7,78,263.00 | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (41,742.00) | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 6,473.00 | |||||
| Net increase (decrease) in cash and cash equivalents | (35,269.00) | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 4,68,014.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 4,32,745.00 | |||||
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | SRBC & CO LLP | Yes | 28-02-2029 | ||
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