THEBUSINESSBYTES BUREAU
NEW DELHI, MAY 23, 2026
State-run power major NTPC on Saturday reported a robust over 34 per cent
rise in consolidated net profit at ₹10,614.95 crore for the
March quarter (Q4) of FY26, driven by improved operational performance and higher contribution from joint
ventures and subsidiaries.
The company had posted a consolidated net profit of ₹7,897.14
crore during the corresponding quarter of the previous financial year,
according to an exchange filing.
Despite the strong growth in profitability, NTPC’s total income during
the March quarter marginally declined to ₹50,410.58 crore from
₹51,085.05 crore recorded in the same quarter of FY25.
The company, however, managed to improve its cost efficiency as total
expenses were reduced to ₹43,237.90 crore during the reporting quarter
compared to ₹43,390.76 crore in the year-ago period.
In a separate statement, NTPC said its consolidated net profit for the
full financial year 2025-26 increased by 15 per cent to ₹27,546
crore, up from ₹23,953 crore in FY25, reflecting sustained growth momentum in
the country’s largest power generation company.
"The strong performance was bolstered by a 29 per cent increase in
the share of joint venture profits, which reached ₹2,864
crore," it said.
The company further stated that its subsidiaries contributed
significantly to the overall earnings, registering a combined profit of ₹3,312
crore during FY26.
NTPC also highlighted its operational strength, stating that its
coal-based power stations achieved a Plant Load Factor (PLF) of 72.04 per cent
during FY26, substantially higher than the Rest of India Coal PLF of 63.20 per
cent.
The board of directors of the company has also approved a final interim
dividend of ₹3.5 per equity share for FY26, rewarding shareholders amid the strong
financial performance.
