NTPC Q1 FY27 Results: Net Profit ₹5,342 Cr, Revenue at ₹43,832 Cr, Consolidated PAT ₹6,896 Cr
New Delhi, July 24, 2026: NTPC Limited, India's largest power generation utility and a Maharatna CPSE, has reported its unaudited standalone financial results for the quarter ended June 30, 2026 (Q1 FY27), with net profit at ₹5,342.36 crore. On a consolidated basis, net profit stood at ₹6,896.44 crore.
Top 5 Key Highlights
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Standalone Net Profit Up 12% YoY: PAT rises to ₹5,342 crore from ₹4,775 crore in Q1 FY26.
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Revenue from Operations: Standalone revenue at ₹43,831.86 crore, up 3% YoY.
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Consolidated PAT Surges: Consolidated net profit jumps 13% YoY to ₹6,896 crore.
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Strong Operating Margin: Standalone operating margin at 21.20% with robust interest coverage.
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Healthy EPS: Standalone EPS at ₹5.51 (including regulatory deferral account balances).
Standalone Performance Snapshot
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Revenue from Operations: ₹43,831.86 crore (vs ₹42,571.61 crore YoY, up 2.96%)
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Total Income: ₹44,512.41 crore (vs ₹43,332.81 crore YoY, up 2.72%)
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Profit Before Tax: ₹6,824.31 crore (vs ₹6,088.84 crore YoY, up 12.08%)
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Net Profit: ₹5,342.36 crore (vs ₹4,774.68 crore YoY, up 11.89%)
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EPS (Basic): ₹5.51 (including regulatory deferral account balances)
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EPS (Excluding Regulatory Deferral): ₹5.24
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Operating Margin: 21.20% (vs 20.22% YoY)
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Net Profit Margin: 12.19% (vs 11.22% YoY)
Consolidated Performance Snapshot
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Revenue from Operations: ₹50,740.96 crore (vs ₹47,064.35 crore YoY, up 7.81%)
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Total Income: ₹51,141.51 crore (vs ₹47,821.11 crore YoY, up 6.94%)
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Profit Before Tax: ₹8,596.32 crore (vs ₹7,577.77 crore YoY, up 13.44%)
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Net Profit: ₹6,896.44 crore (vs ₹6,108.46 crore YoY, up 12.90%)
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EPS (Basic): ₹6.93 (including regulatory deferral account balances)
Segment-Wise Performance (Standalone)
|
Segment |
Revenue (Q1 FY27) |
PBT (Q1 FY27) |
|---|---|---|
|
Generation |
₹42,912.01 Cr |
₹8,098.10 Cr |
|
Others |
₹1,855.39 Cr |
₹756.63 Cr |
|
Total Segment Revenue |
₹44,512.41 Cr |
₹8,854.73 Cr |
Key Ratios (Standalone)
|
Metric |
Q1 FY27 |
Q1 FY26 |
|---|---|---|
|
Debt-Equity Ratio |
1.06 |
1.10 |
|
Debt Service Coverage Ratio |
1.28 |
2.90 |
|
Interest Service Coverage Ratio |
4.99 |
4.05 |
|
Current Ratio |
1.04 |
0.99 |
|
Net Worth |
₹1,70,481.37 Cr |
₹1,56,781.72 Cr |
|
Total Debts to Total Assets |
0.46 |
0.44 |
|
Inventory Turnover (days) |
10.81 |
9.46 |
|
Debtors Turnover (days) |
5.38 |
6.17 |
Key Operational Developments
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Coal Mining Business Transfer: NTPC Mining Limited (NML) acquired the remaining coal mine business effective April 1, 2026. Total purchase consideration of ₹6,339.18 crore. Balance ₹8,651.86 crore payable by NML by September 30, 2026.
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CERC Tariff Regulations 2024: Capacity charges provisionally billed at ₹15,012.68 crore. Energy charges billed at ₹23,675.73 crore for Q1 FY27.
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New Subsidiaries: NTPC (Mauritius) Energy Limited incorporated on June 26, 2026. NTPC EDMC Waste Solutions Private Limited became a wholly-owned subsidiary after MCD's exit.
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Security Cover Maintained: 100% or higher security cover maintained for all secured listed non-convertible debt securities.
Management Commentary
The company continues to benefit from sustained power demand and improved operational efficiency. The robust generation performance and healthy margins reflect NTPC's strong execution capabilities in the power sector.
Stock Impact
Strong earnings with PAT growth across standalone and consolidated levels, coupled with healthy operating margins, could boost investor sentiment for NTPC stock.