NTPC Q4 FY26 results (Jan–Mar 2026) and concall

Power · Concall AI · Call held 27 May 2026

Company page: NTPC share price, financials & guidance record

NTPC delivered a strong Q4 and full-year FY26 performance, marked by significant PAT growth and record capacity additions, particularly in renewables. The company successfully reduced its cost of debt and improved receivable days. While standalone income saw a slight decline due to lower demand, profitability remained robust, supported by regulatory frameworks. NTPC is aggressively pursuing its renewable and nuclear expansion targets, with substantial capacity under construction and a clear pipeline for future growth.

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What they filed

Q4 FY26: revenue down 0.3%, net profit up 34.4% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	44,706	45,069	49,834	47,064	44,786 +0%	45,846 +2%	49,686 −0%
Expenses	33,041	31,729	35,080	34,485	31,970	31,276	41,181
EBITDA	11,665	13,341	14,754	12,579	12,816 +10%	14,570 +9%	8,505 −42%
Margin	26%	30%	30%	27%	29%	32%	17%
Other income	3,218	986	4,180	3,241	2,734	1,738	1,918
Interest	3,621	2,764	3,648	3,468	3,432	3,164	3,737
Depreciation	4,216	4,318	4,663	4,587	4,816	5,093	5,134
Profit before tax	7,046	7,245	10,623	7,765	7,301 +4%	8,050 +11%	1,553 −85%
Tax rate	24%	29%	26%	21%	28%	30%	-584%
Net profit	5,380	5,170	7,897	6,108	5,225 −3%	5,597 +8%	10,615 +34%
EPS	5.44	5.22	7.85	6.20	5.23	5.66	10.81

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.

What they filed

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