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HPCL vs Tata Power Q4 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

HPCL

HPCL delivered a strong Q4 FY26 with standalone PAT of ₹4,901 crore (+46% YoY), driven by robust Jan-Feb momentum and lagged crude benefits in March.

Tata Power

Tata Power delivered a strong Q4 FY26 with PAT of ₹1,416 crore (+8% YoY) and full-year PAT crossing ₹5,000 crore for the first time, driven by robust performance across generation, transmission, distribution, and sola...

Result Snapshot

Revenue₹1,14,937 Cr₹14,900 Cr
PAT₹6,065 Cr₹1,416 Cr
EBITDA Margin8%17%
Sentimentbullishbullish

Key Quotes

We are fully secured on the crude supply, we are very comfortable on the supply side.
Vikash Kel · Chairman & Managing Director
We have now concluded the SPA with Gujarat and we are in the process of finalizing it with all the other four states which we expect in next four to six weeks we will complete.
Dr. Pavir Finha · CEO and Managing Director