TGV Sraac Ltd has expanded its solar power infrastructure by adding 2.50 MWp of capacity, raising its total generating ability to 60.40 MWp. The company informed BSE Limited that this addition increases the previous capacity of 57.90 MWp.

The disclosure was made to BSE Limited under Regulation 30 read with Schedule III Part-A Para-B (3) of SEBI (LODR) Regulations, 2015. The intimation was submitted by K. Karunakar Rao, Executive Director (Fin. & Comml.), on June 25, 2026.

Capacity Details

The following table outlines the change in the company's solar power capacity:

The company operates in the renewable energy sector, focusing on solar power generation.

TGV SRAAC Limited's board of directors convened a meeting on May 21, 2026, to review the audited financial results for the fourth quarter and the year ended March 31, 2026. The board approved the financial results, which were previously reviewed by the Audit Committee. The statutory auditors have audited the financial results for the period. Alongside the financial review, the board addressed key corporate governance matters, including dividend distribution.

Annual Financial Performance

For the financial year ended March 31, 2026, the company reported a net profit of ₹13,189 crore, a significant increase from ₹9,212 crore in the previous year. Revenue from operations for the year stood at ₹1,96,679 crore, compared to ₹1,76,322 crore in FY25. The company reported Earnings Per Share (EPS) of ₹12.31 for the year ended March 31, 2026, up from ₹8.60 in the previous year. Total comprehensive income for the year rose to ₹12,978 crore from ₹9,317 crore in the prior year.

The following table summarises the key annual financial metrics:

Q4 Operational Highlights

TGV SRAAC delivered a strong operational performance in the fourth quarter. Net profit for Q4 after tax rose to ₹2,799 crore from ₹2,170 crore in the same period of the previous year. Total income from operations for Q4 stood at ₹51,350 crore compared to ₹49,189 crore in the corresponding period. Earnings per share (basic) for Q4 was reported at ₹2.61, up from ₹2.02 in the prior-year quarter.

The table below presents the Q4 performance metrics:

Dividend Recommendation

The board has recommended a final dividend of ₹1 per equity share, equivalent to 10%, for the financial year 2025-26. This payout is applicable to the company's equity shares with a face value of ₹10. The declaration of this dividend is contingent upon approval by the shareholders at the forthcoming Annual General Meeting.

Accounting Estimate Change

During the quarter ended June 30, 2025, the company revised the useful life of certain property, plant, and machinery of the chemical segment based on a technical evaluation. This change in accounting estimate was applied prospectively from April 1, 2025. Consequently, depreciation for Q4 and the year ended March 31, 2026, increased by ₹1,614 crore and ₹6,456 crore respectively, impacting the profit and EPS by ₹1.13 for the quarter and ₹4.52 for the year.