Shares of Tata Energy Firm Restricted slid to a day low of Rs 390.80 on NSE on 13 Might after the corporate posted a weak set of This autumn FY26 outcomes, with each income and revenue declining 12 months on 12 months.
In an trade submitting on 12 Might, the Mumbai-based energy main disclosed a 4.5% drop in consolidated web revenue to Rs 996 crore for the January-March quarter, in opposition to Rs 1,043 crore a 12 months in the past. Income from operations fell 12.8% to Rs 14,900 crore from Rs 17,096 crore in This autumn FY25. The shortfall was steep.
The drag got here largely from the Mundra Energy Plant, which remained suspended from 3 July 2025 for overhauling and technical repairs. Operations resumed from 1 April 2026 after Tata Energy signed a supplementary energy buy settlement with Gujarat Urja Vikas Nigam Restricted on 23 March, with a revised tariff framework. The Ministry of Energy has sanctioned plant operations via 30 June 2026.
Away from Mundra, the image was significantly brighter. The agency’s renewable vitality arm posted full-year PAT of Rs 1,994 crore, up 59% 12 months on 12 months, whereas the rooftop photo voltaic enterprise crossed 3.7 lakh installations and 4.8 GWp of cumulative capability, with PAT rising 150% for FY26 to Rs 499 crore. Photo voltaic cell and module manufacturing greater than doubled its annual PAT to Rs 857 crore. The board has advisable a ultimate dividend of Rs 2.50 per share, topic to shareholder approval on the AGM on 7 July 2026, with 23 June fastened because the file date.
For the complete 12 months FY26, consolidated web revenue fell 5.6% to Rs 3,747 crore whereas income declined 4.7% to Rs 62,429 crore.
At 10:22 am on 13 Might, shares of TATAPOWER have been buying and selling at Rs 403.25, down by 3.62% on NSE, in opposition to a earlier shut of Rs 418.40. The inventory’s 52-week excessive stands at Rs 464.90, touched on 28 April 2026.
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