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NTPC
NTPC (NTPC) investor relations material
NTPC Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary30 Jan, 2026
Executive summary
Group added 1,744 MW in Q3 FY 2026, with total FY 2026 capacity addition reaching 6,615 MW, the highest in a decade.
Sinnar Thermal Power Plant acquisition to add 1,350 MW, with future expansion potential.
Unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025 were reviewed and approved by the Board and Audit Committee on 30 January 2026.
Second interim dividend of ₹2.75 per share declared for FY 2025-26, with payment scheduled for 25 February 2026.
No deviation or variation in the use of proceeds from listed non-convertible debentures; no outstanding defaults on loans or debt securities.
Financial highlights
Standalone Q3 FY 2026 total income: INR 41,673 crore (down from INR 42,303 crore YoY); PAT: INR 4,987 crore (up 5.85% YoY).
Consolidated Q3 FY26 net profit: ₹5,597.05 crore; consolidated revenue: ₹45,845.68 crore.
Group nine-month FY 2026 total income: INR 139,388 crore (flat YoY); PAT: INR 16,931 crore (up 5.45% YoY).
Subsidiaries' profit for nine months: INR 2,441 crore (up 28% YoY); JV profit share: INR 1,670 crore.
NGEL nine-month revenue: INR 1,946 crore (up 23% YoY); operating EBITDA: INR 1,701 crore (up 25% YoY); EBITDA margin: 87%.
Outlook and guidance
NGEL targets 5 GW capacity addition in FY 2026, 8 GW each in FY 2027 and FY 2028.
Over 33 GW under construction: 16.5 GW coal, 1.9 GW hydro, 15 GW renewables.
Capacity and energy charges continue to be billed provisionally as per CERC Tariff Regulations 2024, pending final tariff orders.
Management expects full compensation from the Government of India for discontinued hydro project costs.
Focus on timely commissioning, plant efficiency, and leveraging SHANTI Act for nuclear growth.
Regulatory deferral account balances: future impact?
NML transfer: remaining mines timeline?
Hydro project recovery: status and outlook?
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Next NTPC earnings date
Q4 25/2622 May, 2026
NTPC
Next NTPC earnings date
Q4 25/2622 May, 2026
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Frequently asked questions
NTPC Limited, formerly known as National Thermal Power Corporation Limited, is an Indian Public Sector Undertaking, engaged in the business of generation of electricity and allied activities. It is a company incorporated under the Companies Act 1956 and a "Government Company" within the meaning of the act. The headquarters of the company is situated at New Delhi. NTPC's core business is generation and sale of electricity to state-owned power distribution companies and State Electricity Boards in India. The company also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management and operation and management of power plants. The company has also ventured into oil & gas exploration and coal mining activities. It is the largest power company in India with an electric power generating capacity of 45,548 MW through its 18 coal based, 7 gas based, 10 solar PV and 2 hydro power generating stations.
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