Image Source: Africa Digest News
NTPC Green Energy Ltd reported consolidated revenue from operations of 6.53 billion rupees in Q3 FY26, marking strong top-line growth. However, consolidated net profit fell sharply to 174.8 million rupees, reflecting margin pressures despite higher EBITDA. The company also raised funds via NCDs to support expansion.
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NTPC Green Energy Limited (NGEL), the renewable energy arm of NTPC, announced its Q3 FY26 results with mixed signals. While revenue surged, profitability weakened due to rising costs and project investments.
Key Highlights
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Revenue from operations stood at 6.53 billion rupees, up 29.4 percent year-on-year from 5.05 billion rupees
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Consolidated net profit dropped to 174.8 million rupees, down 73 percent from 656 million rupees in Q3 FY25
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EBITDA rose 33.8 percent to 5.67 billion rupees, with margins improving to 86.8 percent compared to 84 percent last year
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Standalone PAT was 602.7 million rupees, lower than 894.2 million rupees in the prior year quarter
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Nine-month standalone PAT reached 3.12 billion rupees on revenue of 14.68 billion rupees
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The company raised 15 billion rupees via Non-Convertible Debentures to fund capital expenditure projects
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Strategic focus continues on expanding renewable capacity, including green hydrogen initiatives and IPO fund utilization
Sources: Business Standard, Moneycontrol, ScanX News
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