Shares of Tata Power Company, based in India, experienced a 7% decline to ₹391 after the company reported a consolidated net profit of ₹996 crore for the fourth quarter of FY26, down 4% from ₹1,043 crore in the same period last year. Revenue from operations fell 13% year-on-year to ₹14,900 crore, compared to ₹17,096 crore in the previous year. Despite the revenue drop, EBITDA rose 10% to ₹4,216 crore, driven by significant contributions from the renewable energy sector. Notably, profits from the renewable energy segment surged 59% year-on-year to ₹1,994 crore in FY26, with Q4 profits reaching ₹406 crore. The solar manufacturing business also saw profits more than double to ₹857 crore. Analysts have mixed views on Tata Power's future; Goldman Sachs has issued a 'Sell' rating with a target price of ₹300, citing concerns over renewable energy generation and joint ventures. Conversely, Motilal Oswal maintains a 'Buy' rating with a target price of ₹490, highlighting robust growth in rooftop solar installations, which doubled to nearly 1.7 GW in FY26, and strong prospects for the company's cell and module manufacturing business.