NTPC Q2 Profit Surges 39% to Rs 7,030 Crore as Revenue Climbs
State-owned power giant NTPC reports a massive 39% surge in Q2 net profit and 21% revenue growth. Check the full financial breakdown here.
State-owned power giant NTPC Limited has posted a stellar financial performance for the July-September quarter of the financial year 2026-27 (Q2 FY27). The company witnessed a significant jump in its consolidated net profit attributable to shareholders, which soared by 38.7 per cent year-on-year to reach Rs 7,029.56 crore, compared to Rs 5,066.78 crore in the same quarter last year.
Revenue and Income Growth
The company's top line also saw a healthy increase. Consolidated revenue from operations rose by 21.2 per cent, climbing to Rs 54,269.95 crore from Rs 44,784.05 crore recorded in the corresponding period of the previous year. In terms of total income, NTPC reported a rise to Rs 54,715.69 crore, up from Rs 45,262.10 crore.
When looking at the broader profit picture, the total consolidated profit—which includes non-controlling interests—stood at Rs 7,350.79 crore, a sharp increase from the Rs 5,225.30 crore reported a year ago.
The Driving Forces: Solar and Trading
A key highlight of the financial results is the growing contribution from renewable energy and market operations. NTPC's strategic shift toward greener energy is evident in its solar power generation figures:
- Solar Power Revenue: Increased to Rs 1,138.23 crore from Rs 722.52 crore last year.
- Electricity Trading: Revenue from the sale of energy through trading (gross) rose to Rs 3,172.14 crore, compared to Rs 2,655.43 crore in the previous year's quarter.
Expense Breakdown and Standalone Performance
While revenues climbed, the company also faced higher operational costs. Total expenses grew to Rs 48,059.30 crore from Rs 40,218.03 crore. A major portion of this increase was driven by fuel costs, which rose to Rs 28,628.19 crore from Rs 23,062.34 crore during the same period last year.
On a standalone basis, the company also showed growth, reporting a 14.3 per cent increase in net profit, which reached Rs 5,319.94 crore compared to Rs 4,653.33 crore in the prior year.
Dividend Announcement for Shareholders
Bringing good news for its investors, the NTPC board has declared the first interim dividend for FY27. Shareholders will receive Rs 3 per equity share.
The company has set November 6, 2026, as the record date to determine eligibility for the dividend. The actual payments are scheduled to begin from November 25, 2026.