NTPC reports 38.7 per cent jump in Q2 net profit
The state-owned company has also declared its first interim dividend of ₹3 per share for the 2026-27 financial year.
State-owned NTPC Limited reported a 38.7 per cent year-on-year increase in its consolidated net profit to ₹7,029.56 crore for the second quarter of financial year 2026-27, according to Mint.
The company's net profit stood at ₹5,066.78 crore during the same quarter in the previous year. Net consolidated revenue from operations rose 21.2 per cent to ₹54,269.95 crore, up from ₹44,784.05 crore a year earlier.
The Maharatna PSU's board of directors declared a first interim dividend for FY27 of ₹3 per share, representing 30 per cent of the ₹10 face value. The board set November 6 as the record date to determine shareholder eligibility.
According to a BSE filing, the dividend payout is expected to begin from November 25, 2026, within the statutory period.
NTPC's total income increased to ₹54,715.69 crore from ₹45,262.10 crore, while total expenses rose to ₹48,059.30 crore from ₹40,218.03 crore. Fuel costs during the quarter reached ₹28,628.19 crore, compared to ₹23,062.34 crore in the previous year.
On Friday, October 30, the NTPC share price closed 2.23 per cent higher at ₹316 per share on the BSE, with a market capitalisation of ₹3,06,414.65 crore.