NTPC Reports Marginal Profit Growth and Declares Interim Dividend
NTPC Limited, India's largest power generation company, announced its Q2 FY2026 results. Net profit increased slightly to ₹46.53 billion from ₹46.48 billion year-over-year. Revenue declined by 2.90% to ₹391.66 billion, but EBITDA improved by 3.24% to ₹100.00 billion. The EBITDA margin rose to 25.58%. The company declared an interim dividend of ₹2.75 per share for FY2025-26.

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NTPC Limited , India's largest power generation company, has announced its financial results for the quarter ended September 30, 2025, showing a slight increase in net profit and declaring an interim dividend.
Financial Performance
NTPC reported a marginal increase in its quarterly net profit, which rose to ₹46.53 billion compared to ₹46.48 billion in the same period last year. This represents a modest year-over-year growth of about 0.11%.
The company's revenue, however, saw a decline:
| Metric | Q2 FY2026 | Q2 FY2025 | Change |
|---|---|---|---|
| Revenue | ₹391.66 billion | ₹403.37 billion | -2.90% |
| EBITDA | ₹100.00 billion | ₹96.86 billion | +3.24% |
| EBITDA Margin | 25.58% | 24.01% | +157 bps |
Despite the revenue decline, NTPC managed to improve its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) and EBITDA margin, indicating enhanced operational efficiency.
Interim Dividend Declaration
NTPC's Board of Directors has declared an interim dividend of ₹2.75 per share. This dividend will be paid on equity shares with a face value of ₹10 each for the financial year 2025-26.
Operational Highlights
While specific operational details were not provided, NTPC's improved EBITDA margin suggests the company has been successful in managing its operational costs effectively, even in the face of reduced revenue.
Market Implications
The marginal increase in profit, coupled with the dividend announcement, may be viewed positively by investors. However, the decline in revenue could raise questions about NTPC's growth trajectory in the current fiscal year.
Future Outlook
NTPC's ability to maintain profitability despite revenue challenges demonstrates the company's resilience. As India's leading power generator, NTPC's performance is often seen as an indicator of the broader energy sector's health. The company's focus on operational efficiency will likely remain crucial as it navigates the evolving energy landscape.
Historical Stock Returns for NTPC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.68% | +0.73% | +1.38% | -2.65% | -15.51% | +294.01% |
















































