NTPCBSENTPC LtdHighPositive
Announced Sat, 23 May · 15:10 IST

Submission of Audited Financial Results for the Quarter and Year ended 31 March 2026

Revenue DeclineEbitda Margin ExpansionEmphasis Of MatterResults View source PDF

NTPC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

NTPC reported standalone revenue of Rs 1,65,494 crore for FY26, down from Rs 1,70,037 crore in FY25 due to lower energy charges billed as per CERC regulations. However, profit after tax grew 17.9% to Rs 23,162 crore from Rs 19,649 crore, driven largely by a deferred tax credit of Rs 7,561 crore following remeasurement due to expected transition to new tax regime. The company received an unmodified (clean) audit opinion with two emphasis of matter notes - one on coal mining business transfer to NTPC Mining Limited subsidiary, and another on fly ash accounting changes per CERC amendment. Board recommended final dividend of Rs 3.50 per share, bringing total FY26 dividend to Rs 9.00 per share.

Likely market impact

Revenue declined year-on-year due to regulatory tariff changes, but improved operational efficiency and one-time tax benefits boosted profitability. The clean audit and shareholder-friendly dividend policy signal financial stability despite modest revenue headwinds.