NTPC Green shares rise after 38% jump in June-quarter profit

Shares of NTPC Green Energy soared more than 9% on Thursday after the renewable energy player reported a 38% year-on-year (YoY) increase in consolidated net profit to Rs 305 crore for the first quarter of the financial year 2027.The stock surged to Rs 99.60 apiece on Thursday, the highest level in more than month, amid a sharp surge in trading volumes. While the firm’s net profit rose 34% from Rs 220 crore reported in Q1 of the previous year, sequentially it grew around 55% from Rs 197 crore reported in the preceding three months.NTPC Green Energy’s revenue from operations, meanwhile, jumped nearly 63% YoY to Rs 1,107 crore during the quarter under review, as against Rs 680 crore in the year-ago period. Total expenses rose around 59% YoY to Rs 782 crore.The renewable energy producer’s operating EBITDA rose 64% YoY to Rs 989 crore, while operating EBITDA margin remained flat but robust at 89%.Also read | IndusInd Bank shares fall 5% despite 72% YoY Q1 profit surge. Why analysts remain bullish?Along with the Q1 earnings, NTPC Green also announced that its board of directors have considered and approved the plan to invest up to Rs 28.77 lakh in AP NGEL Harit Amrit, which is a 50:50 joint venture of the company with New & Renewable Energy Development Corporation of Andhra Pradesh, through the subscription of 2.88 lakh equity shares. Following this, NTPC Green’s holding will increase to 51%, making the firm its subsidiary.NTPC Green Energy share priceAfter hitting a 52-week low of Rs 84 in early March, NTPC Green Energy shares surged about 43% in less than two months to a 52-week high of nearly Rs 120 in late April, driven by soaring power demand amid rising temperatures and expectations of a strong El Niño.Also read | Waaree Renewable shares crash 7% even after Q1 net profit rises 34% YoY. What's spooking investors?The stock has since corrected around 17%. It is up 6% over the past week and 3% in the last month, taking its gains for 2026 so far to more than 3%. Over the past year, the stock has returned over 9%. The company currently has a market capitalisation of nearly Rs 82,654 crore.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

The stock climbed 8.8% on the NSE to a high of ₹99.39 compared with the previous close of ₹91.30

The company's consolidated net profit rose 38.2% year-on-year (YoY) to Rs 305 crore in the June quarter of FY27, compared with Rs 221 crore in the corresponding quarter last year (Q1FY26).

Strong renewable power generation and higher revenue lift NTPC Green's June-quarter earnings, while margins remain near 90%.