Tata Power Company Limited has informed the Exchange that Record date for the purpose of Dividend is 23-Jun-2026.
TATAPOWER · price
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On the reaction day the stock moved 3.4 pts less than Nifty 100 and 3.4 pts less than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Tata Power reported consolidated FY26 revenue of ₹62,428.59 crore, down from ₹65,478.24 crore in FY25, representing a revenue decline. However, net profit after tax grew to ₹5,117.56 crore from ₹4,775.37 crore, marking a 7.16% PAT growth. The Board recommended a final dividend of ₹2.50 per equity share (250%) for FY26, subject to shareholder approval at the 107th AGM on July 7, 2026. The record date for dividend is fixed for June 23, 2026, with payment to follow after the AGM. Statutory auditors issued an unmodified (clean) opinion on the financial statements. The auditors drew attention to an unfavorable arbitration award of USO 490.32 million plus costs and interest from August 2025, for which the company has filed to set aside the award in Singapore.
The company delivered PAT growth despite revenue decline, indicating improved operational efficiency. The clean audit and consistent dividend payment are positive signals for investors. The arbitration award represents a contingent liability that investors should monitor.