Revenue from operations climbed 16.8% to Rs 45,752 crore from Rs 39,165 crore a year earlier. EBITDA rose 8.7% year-on-year to Rs 10,891 crore, compared with Rs 10,018 crore in the year-ago quarter.
NTPC declares Rs 3 interim dividend
NTPC’s board has approved a first interim dividend of 30%, amounting to Rs 3 per equity share with a face value of Rs 10, for FY27. The company has set November 6, 2026, as the record date to determine shareholders eligible to receive the dividend, the company said in a regulatory filing.
NTPC Group’s gross fixed assets increased to Rs 4,85,444 crore as of September 30, 2026, from Rs 4,37,142 crore a year earlier.
The group’s capital expenditure stood at Rs 23,932 crore in H1 FY27, compared with Rs 23,115 crore in the corresponding period of FY26.
NTPC Group has a pumped storage project (PSP) portfolio with a total capacity of 16 GW. Of this, the 1 GW Tehri PSP project operated by THDC is already under commercial operation. Detailed project reports for the remaining projects, with a combined capacity of 15 GW, are currently under preparation.
Earlier this month, NTPC invited Expressions of Interest (EoIs) from commercial and industrial entities interested in acquiring a 26% equity stake in co-generation projects, the state-run power company said.Also Read | ET Wealth Expo: US stocks epitomise anti-asset allocation; international debt better option: S Naren, ICICI Prudential MF
Through the initiative, NTPC aims to explore partnerships for developing co-generation plants that will supply both steam and electricity to industrial consumers. The projects will be integrated with power supply arrangements combining coal-based generation, renewable energy and Battery Energy Storage Systems (BESS).
NTPC stock is down 4% year-to-date and down 8% in the last three months. Over the last 5 years, the stock is up nearly 140%.
Disclaimer: This article has been written by Veer Sharma, who is not a SEBI-registered Research Analyst or an Investment Adviser. Veer Sharma and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.
