NTPC FY26 net profit rises 15% to ₹27,546 crore
NTPC Limited reported a consolidated net profit of ₹27,545.76 crore for the financial year ended March 31, 2026, an increase from ₹23,953.15 crore in the previous year. Standalone net profit for the year was ₹23,162.22 crore. For the quarter ended March 31, 2026, standalone net profit was ₹8,747.27 crore and consolidated net profit was ₹10,614.95 crore. Revenue from operations on a consolidated basis was ₹49,687.77 crore for the quarter and ₹1,89,798.56 crore for the full year. The Board of Directors recommended a final dividend of ₹3.50 per equity share, aggregating the total dividend for the financial year to ₹9.00 per share.

*this image is generated using AI for illustrative purposes only.
NTPC Limited has reported a consolidated net profit of ₹27,545.76 crore for the financial year ended March 31, 2026, compared to ₹23,953.15 crore in the previous year. The standalone net profit for the year stood at ₹23,162.22 crore. For the quarter ended March 31, 2026, the standalone net profit was ₹8,747.27 crore, while the consolidated net profit was ₹10,614.95 crore.
Financial Performance
Revenue from operations for the standalone entity for the quarter stood at ₹43,110.74 crore, compared to ₹43,903.65 crore in the same quarter last year. Total income for the period was ₹44,029.69 crore. On a consolidated basis, revenue from operations was ₹49,687.77 crore for the quarter and ₹1,89,798.56 crore for the year ended March 31, 2026. EBITDA for the quarter came in at ₹125B rupees, up from ₹112.54B rupees in the same quarter of the previous year, with the EBITDA margin expanding to 29% from 25.63% year-on-year.
The table below summarises the key standalone quarterly financial metrics:
| Metric: | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue from Operations: | ₹43,110.74 crore | ₹43,903.65 crore |
| Total Income: | ₹44,029.69 crore | ₹45,812.65 crore |
| Net Profit: | ₹8,747.27 crore | ₹5,778.14 crore |
| Earnings Per Share (Basic): | ₹9.02 | ₹5.96 |
| EBITDA: | ₹125B rupees | ₹112.54B rupees |
| EBITDA Margin: | 29% | 25.63% |
Dividend Declaration
The Board of Directors has recommended a final dividend of ₹3.50 per equity share of face value ₹10 each for the financial year 2025-26. This is in addition to the two interim dividends of ₹2.75 per share each declared earlier. The total dividend for the financial year aggregates to ₹9.00 per equity share. The dividend is subject to the approval of shareholders at the ensuing Annual General Meeting.
Regulatory Disclosures
The company has submitted the audited financial results under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee on May 22, 2026, and approved by the Board on May 23, 2026. Additionally, the company disclosed that there were no outstanding defaults on loans and debt securities as of the quarter ended March 31, 2026. The asset cover ratio for the listed secured debt securities was in compliance with the minimum requirement of 100% as per SEBI regulations.
Historical Stock Returns for NTPC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.11% | -7.97% | -8.20% | +13.45% | +11.62% | +227.73% |
What factors contributed to the EBITDA margin expansion despite a slight decline in quarterly revenue?
How does NTPC plan to utilize its increased consolidated net profit to fund future capacity expansion or green energy projects?
Will the company maintain the current dividend payout ratio given the rise in earnings per share?


































