Tata Power Company Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2026, recommended Final Dividend of Rs. 2.50 per equity share.
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Tata Power's Board recommended a final dividend of Rs. 2.50 per equity share (250% on face value of Rs. 1) for FY 2026, subject to shareholder approval at the 107th AGM on July 7, 2026. Record date is June 23, 2026 and payment likely from July 10, 2026. For the full year, consolidated revenue declined to Rs. 62,428.59 crore from Rs. 65,478.24 crore in FY 2025, but net profit after tax grew to Rs. 5,117.56 crore from Rs. 4,775.37 crore, up 7.2% YoY. The company operates across thermal/hydro, renewables, and transmission/distribution segments with 48 subsidiaries, 8 joint ventures, and 6 associates. Auditors issued an unmodified opinion with a note on an unfavorable arbitration award of USD 490.32 million for which the company has filed for setting aside.
The dividend of Rs. 2.50 per share represents a steady income return for shareholders. The profit growth despite revenue decline indicates improved operational efficiency and cost management. The ongoing arbitration case carries some legal risk but hasn't impacted the financial statements pending final resolution.