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NTPC Green Q1 Profit Jumps 59% YoY, Slips Marginally on Quarter Photograph: (Archive)
NTPC Green Energy, the green arm of NTPC Limited, today published its financial results for the first quarter (Q1) of FY26. As per the details furnished by the company, it witnessed an increase of 59% in its net profit on a year-on-year basis.
The clean energy arm of NTPC Ltd posted a profit of ₹220.48 crore, up from ₹138.61 crore in the same period last year, driven by higher revenues and improved earnings from joint ventures. On a sequential basis, however, the company saw a slight dip in performance.
Profit was down 5.5 percent from ₹233.21 crore in the previous quarter, even as revenue rose 9.3 percent from ₹622.27 crore. The decline was primarily attributed to a rise in tax expenses, which climbed to ₹56.62 crore from ₹44.83 crore in the previous year.
Revenue Growth
Revenue from operations came in at ₹680.21 crore during the quarter, reflecting a 17.6 percent increase compared to ₹578.45 crore in Q1 FY25. The company’s total income stood at ₹751.69 crore, up from ₹607.43 crore a year earlier. Other income contributed ₹71.48 crore during the quarter.
A key contributor to this quarter’s performance was the income from joint ventures. The share of profit from companies accounted for using the equity method rose sharply to ₹17.96 crore, compared with ₹0.15 crore in the previous quarter and a loss of ₹1.23 crore in Q1 FY25.
The company reported earnings per share (EPS) of ₹0.26 for the quarter, up from ₹0.24 a year ago. The paid-up equity share capital remained unchanged at ₹8,426.33 crore.
Total Comprehensive Income
Total comprehensive income for the period stood at ₹220.48 crore, with no significant impact from other comprehensive income components.
The year-on-year growth reflects NTPC Green’s expanding footprint in the renewable energy space. While the quarter-on-quarter dip is modest, it highlights the impact of rising operating and tax costs. With joint ventures beginning to contribute positively, the company is expected to stay focused on scaling clean energy capacity and driving operational efficiency.