NTPC Q2 Results: Consolidated Profit Jumps 41% to Rs 7,351 Crore; Rs 3 Dividend Declared

State-owned power major NTPC Ltd has reported a strong financial performance for the second quarter of FY2026-27, with consolidated net profit surging 40.7% year-on-year to Rs 7,350.79 crore for the quarter ended September 30, 2026.

The company had recorded a consolidated net profit of Rs 5,225.30 crore in the corresponding quarter of the previous financial year.

Alongside the strong earnings performance, NTPC’s Board of Directors has declared a first interim dividend of Rs 3 per equity share for FY2026-27, offering a direct return to shareholders.

Revenue Rises 21% to Rs 54,270 Crore

NTPC’s consolidated revenue from operations increased 21.2% to Rs 54,269.95 crore in Q2 FY2026-27, compared with Rs 44,784.05 crore in the corresponding quarter of the previous year.

Total consolidated income rose to Rs 54,715.69 crore from Rs 45,262.10 crore a year earlier, reflecting the company’s higher revenue during the quarter.

Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) increased approximately 22% to Rs 15,627 crore, against Rs 12,814 crore in the year-ago quarter.

The EBITDA margin improved marginally to 28.8% from 28.6%, indicating that operating profitability remained broadly stable as revenue expanded.

Total consolidated expenses, however, increased to Rs 48,059.30 crore from Rs 40,218.03 crore in the corresponding quarter last year.

NTPC Declares Rs 3 Interim Dividend

NTPC’s Board has declared a first interim dividend of Rs 3 per equity share of face value Rs 10 for FY2026-27. This represents a dividend of 30% of the share’s face value.

The company has fixed November 6, 2026, as the record date for determining shareholder eligibility. Dividend payments are scheduled to commence from November 25, 2026, in accordance with the company’s disclosure.

Standalone Profit Also Records Growth

NTPC’s standalone financial results showed a net profit of Rs 5,319.94 crore for Q2 FY2026-27, compared with Rs 4,653.33 crore in the corresponding quarter last year, marking an increase of approximately 14.3%.

Standalone revenue from operations rose 16.8% to Rs 45,752 crore from Rs 39,164.82 crore in the year-ago period.

The consolidated and standalone figures reflect different reporting bases and should be considered separately.

Key Financial Highlights: Q2 FY2026-27