Overview
- NTPC posted consolidated net profit of about Rs 10,615 crore for the March quarter, a roughly 34% year‑on‑year increase, and reported consolidated FY26 net profit of Rs 27,546 crore, up 15% from the prior year.
- On a standalone basis, NTPC reported Q4 PAT of Rs 8,747 crore and standalone FY26 PAT of Rs 23,162 crore, an 18% rise driven by operational gains and cost control.
- The company attributed the improvement to capacity additions, higher plant load factors, cuts in finance costs and accounting revisions to deferred tax and regulatory deferred accounts.
- Joint ventures and subsidiaries materially lifted consolidated earnings, with JV profit rising about 29% to Rs 2,864 crore and subsidiaries contributing Rs 3,312 crore in FY26.
- NTPC’s coal plants ran at a PLF of 72.04% versus the all‑India coal PLF of 63.20%, which helped meet strong summer demand, support grid stability and enabled a board decision to pay Rs 3.5 per share as an interim dividend.