NTPC Reports 39% Rise in Q2 Net Profit to ₹7,030 Crore on Higher Solar and Trading Revenue

State-owned power major NTPC Limited has reported a 38.7 per cent year-on-year rise in its consolidated net profit attributable to shareholders, touching ₹7,029.56 crore for the July-September quarter of financial year 2026-27 (Q2 FY27). In the corresponding quarter of the previous fiscal year, the company's net profit stood at ₹5,066.78 crore.

According to unaudited financial results filed with the stock exchanges, the company's consolidated revenue from operations increased by 21.2 per cent to ₹54,269.95 crore, up from ₹44,784.05 crore a year earlier. Total consolidated profit, which includes non-controlling interests, stood at ₹7,350.79 crore compared to ₹5,225.30 crore in the year-ago period.

NTPC's total income for the quarter rose to ₹54,715.69 crore from ₹45,262.10 crore. Meanwhile, total expenses also saw an increase, moving up to ₹48,059.30 crore from ₹40,218.03 crore in the corresponding period last year. Fuel costs accounted for a significant portion of the expenses, rising to ₹28,628.19 crore from ₹23,062.34 crore.

The financial results highlighted growth in specific business segments, notably higher revenue from solar power generation and electricity trading. Revenue from solar power stations increased to ₹1,138.23 crore compared to ₹722.52 crore in the previous year. Additionally, revenue from operations included ₹3,172.14 crore from the gross sale of energy through trading, compared with ₹2,655.43 crore in the corresponding quarter last year.

On a standalone basis, NTPC reported a 14.3 per cent rise in net profit, reaching ₹5,319.94 crore compared to ₹4,653.33 crore a year earlier.

Alongside the financial performance, the company's board declared its first interim dividend of ₹3 per equity share for FY27. November 6, 2026, has been fixed as the record date for the dividend, with payments scheduled to commence from November 25, 2026.

"NTPC's latest quarterly performance demonstrates the tangible impact of diversification into renewable energy segments like solar power, alongside core electricity trading. Sustaining revenue growth while managing rising fuel costs remains a critical operational balance for large-scale public sector utilities. Furthermore, the announcement of an interim dividend reflects steady cash flow generation, providing consistent value to equity holders as the company continues to scale its operations across traditional and green energy portfolios." — Dr. Shishir Gupta, Founder & CEO, StartupLanes