Friday, 17 July 2026

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Home / Company Results / Marathon Power Reports Robust Q1 FY27: PAT Jumps 14% on Strong Operational Performance, Appoints New CFO
RS · Company Results

Marathon Power Reports Robust Q1 FY27: PAT Jumps 14% on Strong Operational Performance, Appoints New CFO

BY ADMIN • FILED 17 Jul 2026, 9:28 PM

Maithon Power Limited, the joint venture between Tata Power and Damodar Valley Corporation (DVC), has reported a strong financial performance for the first quarter of FY27. The company posted healthy growth in revenue and profitability for the quarter ended June 30, 2026, while also announcing a key leadership change with the appointment of a new Chief Financial Officer.

The Board of Directors approved the unaudited financial results along with the appointment of Mr. Sudip Kumar Dash as the company’s Chief Financial Officer following the resignation of Mr. Angshuman Chakraborty.

Maithon Power Q1 FY27 Financial Highlights

The power generation company recorded steady growth across all major financial parameters during the quarter.

  • Revenue from Operations: ₹836.77 crore, up 8.5% from ₹771.18 crore in Q1 FY26.
  • Profit Before Tax (PBT): ₹134.67 crore, an increase of 30.8% year-on-year.
  • Profit After Tax (PAT): ₹102.46 crore, rising 14.1% from ₹89.79 crore in the corresponding quarter last year.
  • Earnings Per Share (EPS): Increased to ₹0.68, compared with ₹0.60 in Q1 FY26.
  • Operating Margin: Improved to 19%, up from 16% a year ago.
  • Net Profit Margin: Remained stable at 12%.

The growth in profitability was supported by higher operating revenue and improved operational efficiency, enabling the company to expand margins despite the dynamic business environment.

Strong Operational Performance Supports Earnings Growth

Maithon Power’s revenue growth reflects stable power generation and continued demand for electricity. The improvement in operating margins indicates effective cost management and better realization from operations, helping the company deliver a stronger bottom line.

The substantial rise in profit before tax also highlights the company’s ability to improve operating leverage while maintaining financial discipline.

Company Announces New Chief Financial Officer

Alongside its quarterly results, the Board approved a change in the finance leadership team.

Mr. Angshuman Chakraborty stepped down as Chief Financial Officer, and Mr. Sudip Kumar Dash has been appointed as the new CFO. The leadership transition is expected to ensure continuity in the company’s financial strategy while supporting its long-term growth plans.