Saturday, 31 Oct 2026 Breaking: Indira Gandhi, Sardar Patel made unparalleled contributions to nation-building: Himachal CM Sukhu
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

NTPC Q2 net profit jumps 39% to Rs 7,030 crore, revenue rises 21%

NTPC Q2 net profit jumps 39% to Rs 7,030 crore, revenue rises 21%

New Delhi [India], October 31 (ANI): State-owned power major NTPC Limited reported a 38.7 per cent year-on-year rise in consolidated net profit attributable to shareholders to Rs 7,029.56 crore for the July-September quarter of financial year 2026-27 (Q2 FY27), compared with Rs 5,066.78 crore in the corresponding quarter last year.
The company's consolidated revenue from operations increased 21.2 per cent to Rs 54,269.95 crore from Rs 44,784.05 crore a year earlier, according to its unaudited financial results filed with the stock exchanges on Saturday.
NTPC's consolidated financial statement reported "Profit attributable to owners of the parent company" at Rs 7,029.56 crore, while total consolidated profit, including non-controlling interests, stood at Rs 7,350.79 crore, compared with Rs 5,225.30 crore in the year-ago period.
The company's total income rose to Rs 54,715.69 crore from Rs 45,262.10 crore, while total expenses increased to Rs 48,059.30 crore from Rs 40,218.03 crore.
Fuel costs increased to Rs 28,628.19 crore from Rs 23,062.34 crore during the same period.
The financial results also showed higher revenue from solar power generation and electricity trading.
According to the results, revenue from solar power stations increased to Rs 1,138.23 crore from Rs 722.52 crore a year earlier.
The company stated that revenue from operations included Rs 3,172.14 crore "on account of sale of energy through trading (gross)", compared with Rs 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 to Rs 5,319.94 crore from Rs 4,653.33 crore a year earlier.
The company's board also declared its first interim dividend of Rs 3 per equity share for FY27.
The company fixed November 6, 2026, as the record date for the dividend, with payments scheduled to commence from November 25, 2026. (ANI)

Tags

Related News

PPS Motors launches the all-new Audi Q3 in Kerala
Business
PPS Motors launches the all-new Audi Q3 in Kerala

<p>VMPL<br/>Kochi (Kerala) [India], October 31: <a href="https://ppsmotors.com/" rel="noopener" target="_blank">PPS Moto...

MECHANIZED SUGARCANE HARVESTING: Indian Potash Limited’s Vision for Farmer Prosperity and Sustainable Agriculture
Business
MECHANIZED SUGARCANE HARVESTING: Indian Potash Limited’s Vision for Farmer Prosperity and Sustainable Agriculture

<p>PNN<br/>New Delhi [India], October 31: Under the leadership of Mr. S. V. Varma, Managing Director, Indian Potash Limi...

Beyond Chai: How Tea Startup Xah is Making Specialty Indian Tea exciting
Business
Beyond Chai: How Tea Startup Xah is Making Specialty Indian Tea exciting

<p>PNN <br/>Bengaluru (Karnataka) [India], October 31: A smoky green tea from Assam. A white tea of silver-tipped buds f...

Silver Touch Technologies Delivers Strong Consolidated H1 FY27 Performance; EBITDA Grows 66% to INR 37.85 Crore and PAT Surges 100% to INR 23.04 Crore
Business
Silver Touch Technologies Delivers Strong Consolidated H1 FY27 Performance; EBITDA Grows 66% to INR 37.85 Crore and PAT Surges 100% to INR 23.04 Crore

<p>BusinessWire India<br/>Ahmedabad (Gujarat) [India], October 31: Silver Touch Technologies Limited has reported a stro...

Best Diwali Gifts 2026: Unique Gifting Ideas for Every Budget
Business
Best Diwali Gifts 2026: Unique Gifting Ideas for Every Budget

<p>VMPL<br/>New Delhi [India], October 31: This Diwali gifting guide brings together unique and thoughtful gift ideas ac...

Questions to Ask Before Signing a Car Lease for Your Business
Business
Questions to Ask Before Signing a Car Lease for Your Business

<p>VMPL<br/>New Delhi [India], October 31: Unexpected charges, unclear mileage limits, or restrictive lease terms can ma...