NTPC Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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NTPC Limited reported standalone revenue from operations of ₹1,65,494 crore for FY26, down 2.7% from ₹1,70,037 crore in FY25, primarily due to lower energy charges billed as per CERC regulations. Profit after tax grew 17.9% to ₹23,162 crore from ₹19,649 crore, driven by deferred tax remeasurement (from MAT credit and tax regime transition) and regulatory deferral account adjustments. Net profit margin improved to 14% from 11.56%. The Board recommended a final dividend of ₹3.50 per share, taking total dividend for FY26 to ₹9.00 per share (including two interim dividends of ₹2.75 each). Five of six coal mines were transferred to subsidiary NTPC Mining Limited during the year. Statutory auditors issued an unmodified opinion.
Revenue decline reflects regulatory tariff adjustments while PAT growth signals improved profitability. The company's strategic business transfer to NTPC Mining Limited and consistent dividend payouts indicate stable operations despite challenging revenue environment.