NTPC's Q3 FY 2025-26 Quarterly Results
- 31 Jan 2026
Result Summary
- NTPC Ltd reported a 2.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 1.6%.
- Its expenses for the quarter were down by 1.7% QoQ and up 2.8% YoY.
- The net profit increased 7.1% QoQ and increased 8.3% YoY.
- The earnings per share (EPS) of NTPC Ltd stood at 5.66 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 46304.77 | 45262.10 | 45597.95 | 2.3% | 1.6% |
Total Expenses | 39533.23 | 40218.03 | 38467.54 | -1.7% | 2.8% |
Profit Before Tax | 7436.39 | 6721.22 | 6787.32 | 10.6% | 9.6% |
Tax | 2453.07 | 2076.02 | 2075.12 | 18.2% | 18.2% |
Profit After Tax | 5597.05 | 5225.30 | 5169.69 | 7.1% | 8.3% |
Earnings Per Share | 5.66 | 5.23 | 5.22 | 8.2% | 8.4% |
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 Ltd, also known as National Thermal Power Corporation Limited, is a prominent player in the Indian energy sector. Established in 1975, the company primarily focuses on generating and selling electricity to state-owned power distribution companies and state electricity boards in India. NTPC is recognized for its significant contribution to India's power generation capacity, primarily utilizing coal-based power plants, though it has been diversifying into alternative energy sources such as solar and wind power. The company is also involved in consultancy and turnkey project contracts for domestic and international clients. As of the most recent updates, NTPC has been expanding its renewable energy portfolio in alignment with global sustainability trends and government initiatives towards cleaner energy.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), NTPC Ltd reported a total income of ₹46,304.77 crores. This represents a sequential quarter-over-quarter (QoQ) increase of 2.3% from the previous quarter (Q2FY26), where total income was ₹45,262.10 crores. When comparing year-over-year (YoY) data, there is a 1.6% increase from the same quarter in the previous fiscal year (Q3FY25), which recorded a total income of ₹45,597.95 crores. The growth in total income suggests a stable revenue generation capability for the company, reflecting its operational efficiency and market demand.
Profitability
NTPC Ltd's profitability metrics for Q3FY26 highlight a profit before tax (PBT) of ₹7,436.39 crores, which marks a 10.6% increase from the preceding quarter's PBT of ₹6,721.22 crores. On a YoY basis, the PBT shows a 9.6% increase from Q3FY25's figure of ₹6,787.32 crores. The tax expense for the current quarter stands at ₹2,453.07 crores, showing an 18.2% rise from both the previous quarter and the same quarter last year, where it was ₹2,076.02 crores and ₹2,075.12 crores respectively. Consequently, profit after tax (PAT) for Q3FY26 is ₹5,597.05 crores, reflecting a 7.1% QoQ growth from ₹5,225.30 crores in Q2FY26 and an 8.3% YoY increase from ₹5,169.69 crores in Q3FY25. Earnings per share (EPS) also increased to ₹5.66, compared to ₹5.23 in Q2FY26 and ₹5.22 in Q3FY25, representing an 8.2% QoQ and 8.4% YoY growth.
Operating Metrics
The operating expenses of NTPC Ltd for Q3FY26 were recorded at ₹39,533.23 crores, which is a decrease of 1.7% compared to the previous quarter (Q2FY26) where expenses were ₹40,218.03 crores. However, on a YoY basis, there is a 2.8% increase from Q3FY25's expenses of ₹38,467.54 crores. This reduction in expenses from the previous quarter could indicate effective cost management strategies, contributing to improved profit margins. The company's focus on optimizing operational efficiency while managing costs could be a vital driver for its consistent financial performance over the quarters.