NTPC Green Energy's Q2 FY 2025-26 Quarterly Results

Result Summary

• NTPC Green Energy Ltd reported a 12.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 25.0%.
• Its expenses for the quarter were up by 11.9% QoQ and 19.5% YoY.
• The net profit decreased 60.8% QoQ and increased 135.4% YoY.
• The earnings per share (EPS) of NTPC Green Energy Ltd stood at 0.1 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

NTPC Green Energy Ltd is a subsidiary of NTPC Ltd, one of India’s largest energy conglomerates. The company is primarily focused on renewable energy solutions, including solar and wind power projects, contributing to India’s sustainable energy goals. NTPC Green Energy Ltd has actively pursued the expansion of its renewable energy portfolio, aligning with global and national initiatives for reducing carbon footprints. Recent major developments in the renewable energy sector, such as government incentives for green projects and international collaborations, are likely to influence the company’s operations, although specific details of such developments for NTPC Green Energy Ltd are not available.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), NTPC Green Energy Ltd reported a total income of ₹656.72 crores. This marks a decrease of 12.6% compared to the previous quarter (Q1FY26), where the total income was ₹751.69 crores. However, when compared to the same quarter of the previous year (Q2FY25), the company's total income increased by 25.0% from ₹525.32 crores. These figures illustrate changes in the company’s revenue stream over the quarters and the year. The fluctuation in quarterly income may be attributed to seasonal variations or project cycles common in the renewable energy sector.

Profitability

The profit before tax for Q2FY26 was ₹105.75 crores, representing a significant decline of 59.2% on a quarter-over-quarter basis from ₹259.14 crores in Q1FY26. Year-over-year, however, there was an increase of 64.4% compared to the Q2FY25 figure of ₹64.31 crores. After accounting for tax expenses, profit after tax for Q2FY26 stood at ₹86.38 crores, which is a decrease of 60.8% from the preceding quarter but a substantial rise of 135.4% compared to the same quarter last year. This indicates variability in profitability across different periods, which could be influenced by fluctuating operational or market conditions.

Operating Metrics

Total expenses for NTPC Green Energy Ltd in Q2FY26 amounted to ₹550.97 crores, reflecting an increase of 11.9% from ₹492.55 crores in Q1FY26, and a 19.5% rise from ₹461.01 crores in Q2FY25. The increase in expenses over the quarters and years may highlight changes in operational costs, possibly due to expansions or adjustments in the company’s renewable energy projects. Earnings per share (EPS) for Q2FY26 was ₹0.10, down from ₹0.26 in Q1FY26, but up from ₹0.06 in Q2FY25, indicating fluctuations in shareholder returns across the periods examined. These operating metrics provide insight into the company’s expenditure and efficiency dynamics in the given fiscal periods.