NTPC NTPC Q1 FY26 results (Apr–Jun 2025) and concall
The 21st Annual Meet was led by CMD Gurdeep Singh, providing a comprehensive strategic vision. NTPC revised its FY32 capacity target upward from 130 GW to 149 GW with ₹7 lakh crore cumulative CAPEX. The company reported record Q1 capacity addition of 2,716 MW. Nuclear entry was formalized with 30 GW target by 2047 and Mahi Banswara breaking ground. Management addressed RE curtailment concerns and emphasized brownfield-only thermal expansion strategy.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 44,706 | 45,069 | 49,834 | 47,064 |
| EBITDA | 11,665 | 13,341 | 14,754 | 12,579 |
| Net profit | 5,380 | 5,170 | 7,897 | 6,108 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





