Tata Power Company announced an 8% increase in profit after tax (PAT) to ₹1,416 crore for the fourth quarter ending March 2026, despite facing an 8% decline in revenue to ₹15,962 crore due to the shutdown of its flagship Mundra plant. For the entire financial year 2025-26, PAT rose by 7% to ₹5,118 crore, while total revenue decreased by 1% to ₹63,681 crore. Chief Executive Officer Praveer Sinha highlighted the company's improved margins and operational efficiency, stating that a supplementary Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Ltd has been successfully signed, allowing plant operations to resume from April 1, 2026. Tata Power is also focusing on expanding its renewable energy portfolio, which currently stands at 11.6 gigawatts (GW), and is set to begin work on a 10 GW ingots and wafers manufacturing plant. Additionally, discussions are underway with the Nuclear Power Corporation of India regarding the establishment of small modular reactors, with plans for detailed project reports in the coming months.