For Tata Power, Mundra remains the Achilles’ heel, overshadowing other segments.
Tata Power Co. Ltd shares are down around 3% after its consolidated EBITDA for the December quarter (Q3FY26), adjusted for one-off regulatory income, fell by 9% year-on-year, to ₹3,100 crores. Revenue, too, declined by 9% to ₹13,900 crores. The continued shutdown of the Mundra power plant since July has hurt Tata Power’s performance. Mundra, along…