ata Power posted a 25% y-o-y drop in net profit to Rs 772 crore in Q3FY26 and its revenues fell 9.4% y-o-y to Rs 13,948 crore. Praveer Sinha, managing director and CEO, Tata Power, in an interview with Raghavendra Kamath, shared his Q4 outlook and the company’s future plans. Your profit and revenue growth were subdued in Q3. What is your outlook for Q4? It will be better than Q3. Our performance in the last 9 months has stabilised, whether it is rooftop, manufacturing, Odisha discoms or our existing transmission and distribution network. All of them will start giving better results in the coming quarter, because the foundation is good now. It will only improve going forward. We also expect Mundra to start in Q4.