NTPC Green Energy reports a year-on-year jump in June-quarter earnings, prompting a sharp rise in its share price. In the quarter, the company’s consolidated net profit increases by about 38% to Rs 305 crore, up from roughly Rs 221 crore in the same period last year. Revenue from operations climbs to about Rs 1,107 crore, compared with approximately Rs 680 crore a year earlier, while total expenses rise by around 59% year-on-year to about Rs 782 crore. Operating EBITDA grows by roughly 64% year-on-year to about Rs 989 crore, with the operating EBITDA margin staying near 89%. The market response is strong: multiple outlets report the stock gains close to 6% to around 9% on the NSE, trading near the Rs 99–100 level and reaching a high near that range during the session. In addition to the results, NTPC Green’s board considers and approves an investment plan of up to Rs 28.77 lakh in AP NGEL Harit Amrit, a 50:50 joint venture with Andhra Pradesh’s renewable energy development entity, through equity subscriptions, which increases NTPC Green’s holding to 51%.
NTPC Green Q1 profit rises 38% as revenue exceeds Rs 1,100 crore; shares jump
NTPC Green Energy reports a year-on-year jump in June-quarter earnings, prompting a sharp rise in its share price. In the quarter, the company’s consolidated net profit increases by about 38% to Rs 30...
- NTPC Green Energy’s consolidated net profit rises about 38% year-on-year to Rs 305 crore in the June quarter (Q1 FY27).
- Revenue from operations increases to around Rs 1,107 crore, up from about Rs 680 crore a year earlier.
- Operating EBITDA increases roughly 64% year-on-year to about Rs 989 crore; operating EBITDA margin stays near 89%.
- NTPC Green shares rise sharply on the NSE, reaching about Rs 99–100 and gaining roughly 6–9% on the day.
- The board approves an investment plan up to Rs 28.77 lakh in AP NGEL Harit Amrit, increasing NTPC Green’s stake to 51% in the 50:50 JV.
Consolidated revenue rose 7.8% year-on-year to Rs 50,741 crore, broadly in line with the Bloomberg estimate of Rs 50,837 crore.
1 month agoShares 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)
1 month agoThe stock climbed 8.8% on the NSE to a high of ₹99.39 compared with the previous close of ₹91.30
1 month agoThe 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).
1 month agoStrong renewable power generation and higher revenue lift NTPC Green's June-quarter earnings, while margins remain near 90%.
1 month ago
Bank of Japan raises benchmark interest rate to 1.25%
The Bank of Japan raises its benchmark interest rate to 1.25% from 1.0%, marking a 31-year high. The decision follows th...
Carney welcomes EU proposal for Canada to become first “associate member”
Canadian Prime Minister Mark Carney addresses European lawmakers in Strasbourg after the European Union floats the idea...
ICE agent Christian Castro arrested in Minneapolis on assault and false reporting charges
Federal immigration officer Christian Castro is arrested in Minneapolis on outstanding state assault charges tied to a n...