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NTPC results

NSE: NTPCBSE: 532555PowerLarge Cap

Formerly National Thermal Power Corporation
Last close ₹298.00down ₹4.60 (1.52%)BSE ₹298.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹302.60.

52-week range of traded prices to 23 Oct 2026
₹292.05Low, 23 Oct 2026₹414.40High, 27 Apr 2026
Market cap
₹2,88,961 Cr20th largest listed
P/E
10.4
P/B
1.4
Dividend yield
3.02%
ROE
14.3%
ROCE
8.1%
Debt to equity
1.27
Volume, NSE
87,51,89659.3% delivered

Q1 results, quarter to Jun 2026

Consolidated: the company and its subsidiaries together. ₹ crore.NTPC annual results and balance sheet

Revenue
₹50,741 Cr+7.8% on a year ago · +2.1% on the quarter before
Operating profit
₹16,231 Cr+29.0% on a year ago · +5.9% on the quarter before
Net profit
₹6,896 Cr+12.9% on a year ago · −35.0% on the quarter before
Earnings per share
₹6.93+11.8% on a year ago · −35.9% on the quarter before
Operating margin
32.0%
Net margin
13.6%

From revenue to net profit, ₹ crore

  1. Revenue50,741
  2. Materials and goods−25,395
  3. Employee costs−1,713
  4. Other expenses−7,403
  5. Operating profit16,231
  6. Depreciation−5,234
  7. Other income+401
  8. Finance costs−3,386
  9. Profit before tax8,011
  10. Joint ventures+628
  11. Net profit6,896

NTPC results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends.Results filings and date

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
₹ croreSep 2021Q2Dec 2021Q3Mar 2022Q4Jun 2022Q1Sep 2022Q2Dec 2022Q3Mar 2023Q4Jun 2023Q1Sep 2023Q2Dec 2023Q3Mar 2024Q4Jun 2024Q1Sep 2024Q2Dec 2024Q3Mar 2025Q4Jun 2025Q1Sep 2025Q2Dec 2025Q3Mar 2026Q4Jun 2026Q1
Revenue from operations32,40433,29337,08543,17744,17544,60244,25343,07544,98342,82047,62248,52144,69645,05349,83447,06544,78645,84649,68850,741
23,42322,28125,65932,38133,24630,12432,31130,22032,30331,45833,42734,50433,04131,38635,08034,48531,97031,27634,36734,510
Materials and goods bought17,95717,05219,35726,79227,22321,92724,71424,04525,61523,52525,12727,84524,22524,53124,91324,97323,06222,77621,67925,395
Employee costs1,5401,5741,7021,5531,4571,7171,8021,5891,5281,6181,8571,6301,5381,6232,0051,5841,5801,7572,0651,713
Other expenses3,9273,6554,6004,0374,5666,4805,7954,5875,1606,3156,4435,0307,2785,2318,1617,9287,3276,74410,6247,403
Operating profit before depreciation8,98011,01211,42610,79610,92914,47811,94212,85512,68011,36214,19514,01711,65513,66714,75412,58012,81614,57015,32016,231
Operating margin27.7%33.1%30.8%25.0%24.7%32.5%27.0%29.8%28.2%26.5%29.8%28.9%26.1%30.3%29.6%26.7%28.6%31.8%30.8%32.0%
Depreciation and amortisation3,3143,4523,8213,5423,6873,7153,8483,8214,0384,0744,2714,2044,2164,3184,6634,5874,8165,0935,1345,234
Other income6924916393845063874933154017541,1944615015451,251756476459723401
Finance costs2,2122,2322,4082,4773,0683,1682,8602,9222,9213,2502,9553,1363,6212,7643,6483,4683,4323,1643,7373,386
Share of profit of joint ventures and associates––––––––––211–––––––––
One-off items00000000000000000000
Profit before tax4,1465,8195,8365,1614,6817,9825,7276,4266,1234,7928,1647,1384,3217,1307,6945,2815,0446,7727,1738,011
–1,463––––––––1,674–––––––––
Tax rate–25.1%––––––––20.5%–––––––––
Share of profit of joint ventures and associates324308186266−146360299679403342–7343904576334775806141,194628
3,6914,6265,2003,9783,4184,8544,8724,9074,7265,2096,4905,5065,3805,1707,8976,1085,2255,59710,6156,896
Other comprehensive income−9−35−51−323−37−137−18−848−46−109−48−82−92−5217−41118−63
Total comprehensive income3,6824,5915,1483,9463,4204,8174,7354,8894,7185,2566,4445,3975,3335,0887,8056,0565,2425,55610,7336,834
Net margin11.4%13.9%14.0%9.2%7.7%10.9%11.0%11.4%10.5%12.2%13.6%11.3%12.0%11.5%15.8%13.0%11.7%12.2%21.4%13.6%
Net margin without joint ventures and associates10.4%13.0%13.5%8.6%8.1%10.1%10.3%9.8%9.6%11.4%13.2%9.8%11.2%10.5%14.6%12.0%10.4%10.9%19.0%12.4%
Earnings per share₹3.71₹4.64₹5.33₹4.06₹3.44₹4.93₹5.01₹5.03₹4.76₹5.32₹6.36₹5.65₹5.44₹5.22₹7.85₹6.20₹5.23₹5.66₹10.81₹6.93
Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.NTPC segment results by year

  • Generation

    Revenue, ₹ crore
    Profit, ₹ crore
  • Others

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue of all businesses47,83745,72350,53151,65247,86148,24353,78450,79648,42549,55353,25355,762
Company revenue, as in its results44,98342,82047,62248,52144,69645,05349,83447,06544,78645,84649,68850,741
Revenue43,84641,76247,08947,32443,69344,08849,35345,90243,50244,65848,54849,143
Revenue growth1.3%−3.9%9.4%14.0%−0.3%5.6%4.8%−3.0%−0.4%1.3%−1.6%7.1%
Profit9,0068,91410,8909,24010,3779,11613,80810,60510,16910,53411,57110,505
Profit growth4.1%1.7%29.4%9.7%15.2%2.3%26.8%14.8%−2.0%15.6%−16.2%−0.9%
Margin20.5%21.3%23.1%19.5%23.7%20.7%28.0%23.1%23.4%23.6%23.8%21.4%
Assets4,13,4134,23,0654,38,0464,44,7914,50,1224,61,7414,76,5594,85,0674,90,3675,00,8944,89,8595,00,335
Liabilities54,97255,44859,23857,99057,33659,71463,10163,09963,53563,50965,37165,531
Capital employed3,58,4413,67,6173,78,8083,86,8013,92,7864,02,0274,13,4584,21,9694,26,8334,37,3854,24,4884,34,804
Revenue3,9913,9613,4424,3284,1684,1544,4314,8944,9234,8954,7056,619
Revenue76372118517163763844854170100
Revenue−2,528−2,521−1,832−2,721−2,735−2,708−2,775−3,359−3,211−3,302−3,012−4,721
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Profit is before tax and finance costs, the way companies report their segments.