Financial results for quarter and year ended 31 March 2026
NTPCGREEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NTPC Green Energy Limited reported mixed FY2026 results. Standalone revenue declined 2.8% to ₹1,967 Crore with PAT falling 17% to ₹406 Crore, impacted by lower other income and higher expenses. However, consolidated revenue grew 29% to ₹2,858 Crore with PAT up 10% to ₹521 Crore, driven by subsidiary contributions. Finance costs remain significant at ₹626 Crore standalone and ₹887 Crore consolidated. The company raised ₹1,500 Crore via NCDs in November 2025 and plans to borrow up to ₹5,000 Crore in FY27. A new JV with CtrlS Datacenters Limited for renewable energy projects was approved. Auditors issued clean/unmodified opinions. The company maintains healthy debt metrics with interest coverage ratio of 2.65 standalone.
The standalone profit decline is concerning but consolidated growth driven by subsidiaries shows a healthy expansion trajectory. The clean audit and new JV signal strategic growth, though higher debt levels warrant monitoring.