NTPC Ltd., India’s largest power producer with a group installed capacity nearing 83 GW, announced its unaudited financial results for the first quarter of the financial year 2025-26 (Q1 FY26), showcasing resilient profitability amid a marginal decline in power generation.
Steady Profit Growth:
NTPC reported a 6% year-on-year increase in standalone Profit After Tax (PAT), which stood at ₹4,775 crore for Q1 FY26 compared to ₹4,511 crore in the same quarter last year. On a consolidated basis, PAT surged by 11%, reaching ₹6,108 crore as against ₹5,506 crore in Q1 FY25.
Generation Performance:
The NTPC Group generated approximately 110 billion units of electricity during the quarter, slightly lower than the 114 billion units generated in Q1 FY25. Standalone gross generation also declined to 91 billion units from 98 billion units in the corresponding quarter of the previous year.
Despite this, NTPC’s coal-fired power stations achieved a Plant Load Factor (PLF) of 75.16%, significantly outperforming the national average PLF of 67.67% for coal-based plants during the same period.
Revenue Snapshot:
Total standalone income for Q1 FY26 stood at ₹43,333 crore, compared to ₹45,053 crore in the same period last year. On a consolidated level, total income was ₹47,821 crore, slightly down from ₹48,982 crore in Q1 FY25.
Strategic Outlook:
The company’s strong bottom-line performance amid softer revenues and lower generation underscores its operational efficiency and focus on financial discipline. NTPC continues to play a pivotal role in powering India’s energy needs while steadily transitioning toward a cleaner and more sustainable energy mix.