NTPC Green Energy's Q2 FY 2026-27 Quarterly Results

Result Summary

• NTPC Green Energy Ltd reported a 10.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 52.4%.
• Its expenses for the quarter were up by 12.0% QoQ and 59.0% YoY.
• The net profit decreased 54.9% QoQ and increased 59.2% YoY.
• The earnings per share (EPS) of NTPC Green Energy Ltd stood at 0.16 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

NTPC Green Energy Ltd is a subsidiary of NTPC Ltd, primarily focused on the development and operations of renewable energy projects. The company is part of the larger power generation industry, with a strong emphasis on green energy solutions. NTPC Green Energy Ltd is involved in the production of electricity through various renewable sources such as solar, wind, and hydroelectric power plants. The company aims to contribute significantly to India's renewable energy targets, aligning with global trends towards sustainable energy production. As of the last update, no specific recent major developments have been reported.

Revenue

In the second quarter of the fiscal year 2027 (Q2FY27), NTPC Green Energy Ltd reported a total income of ₹1000.76 crores. This represents a decrease of 10.8% quarter-over-quarter (QoQ) from ₹1121.65 crores in the previous quarter (Q1FY27). However, on a year-over-year (YoY) basis, the company experienced a substantial increase in total income, rising by 52.4% from ₹656.72 crores in Q2FY26. This significant YoY growth in revenue indicates the company's expanding operations and potentially increased capacity in renewable energy production.

Profitability

During Q2FY27, NTPC Green Energy Ltd recorded a profit before tax of ₹124.73 crores, showing a decline of 63.2% QoQ compared to ₹339.28 crores in Q1FY27. Despite this reduction, the YoY comparison reveals an increase of 17.9% from ₹105.75 crores in Q2FY26. The profit after tax for Q2FY27 was ₹137.50 crores, which decreased by 54.9% QoQ from ₹304.84 crores in Q1FY27, but increased by 59.2% YoY from ₹86.38 crores in Q2FY26. The earnings per share (EPS) mirrored these trends, decreasing to ₹0.16 from ₹0.36 QoQ, while increasing from ₹0.10 YoY. The tax expense for the quarter was ₹28.10 crores, a 55.7% decrease QoQ and a 20.3% decrease YoY, reflecting changes in tax strategies or efficiencies.

Operating Metrics

Total expenses for NTPC Green Energy Ltd in Q2FY27 were ₹876.03 crores, an increase of 12.0% QoQ from ₹782.37 crores in Q1FY27, and a 59.0% increase YoY from ₹550.97 crores in Q2FY26. This rise in expenses indicates a potential expansion in operations or investments in scaling up production capabilities. The company's earnings per share (EPS) decreased by 55.6% QoQ to ₹0.16 from ₹0.36 in Q1FY27, yet saw a 60.0% increase YoY from ₹0.10 in Q2FY26. These operating metrics highlight the company's ongoing efforts to manage its cost structure while aiming to capitalize on growth opportunities within the renewable energy sector.