Shares of Tata Power Company fell as much as 7% to their day’s high of Rs 391 on the NSE on Wednesday after it reported a consolidated net profit of Rs 996 crore for the fourth quarter of FY26, down 4% from Rs 1,043 crore recorded in the same period last year.
Revenue from operations during the March quarter declined 13% year-on-year to Rs 14,900 crore, compared with Rs 17,096 crore in the corresponding quarter of the previous year. Despite the fall in revenue, EBITDA for the quarter rose 10% to Rs 4,216 crore.
