New Delhi, Aug. 5 -- Tata Power Co. Ltd's consolidated Ebitda growth of 15% year-on-year to Rs.3,600 crore in the June quarter (Q1FY26) failed to impress investors amid looming uncertainties regarding the restart of its Mundra plant operations. The strong performance of the renewable energy (RE) business and lower losses in Odisha aided Ebitda growth.

While RE could sustain momentum, Tata Power's finances need closer tracking, given the construction of several high-gestation, capital-intensive projects across hydro and pumped hydro storage.

RE Ebitda (including other income) grew 64% to Rs.1,600 crore, thanks to a robust show across all sub-segments: cell & module manufacturing; solar & wind generation, and engineering, procurement & co...