State-owned energy services provider NTPC Limited announced robust financial results for the fourth quarter and full financial year ending March 31, 2026. The company saw a significant 75% quarter-on-quarter growth in profit after tax (PAT) in the January-March quarter, reaching Rs 8,747 crore. Standalone PAT for the full financial year rose by 18% to Rs 23,162 crore compared to the previous year.
On a consolidated basis, NTPC’s net profit for FY26 increased by 15% to Rs 27,546 crore. The company’s total income for Q4 FY26 stood at Rs 44,030 crore, marking a 6% growth from the previous quarter. NTPC attributed this profit growth to gains from capacity additions, operational efficiencies, lower finance costs, and revisions in deferred tax and regulatory deferred account balances.
The company highlighted a 29% increase in profit contribution from joint ventures, amounting to Rs 2,864 crore during FY26. Additionally, NTPC’s subsidiaries collectively reported a profit of Rs 3,312 crore during the financial year. Group PAT for Q4 FY26 surged by almost 90% to Rs 10,615 crore compared to the previous quarter.
NTPC’s coal-based power stations continued to surpass industry benchmarks with a Plant Load Factor (PLF) of 72.04% during FY26, outperforming the national average coal PLF of 63.20%. Apart from financial performance, the company’s Board proposed a final dividend of Rs 3 per equity share for FY26. NTPC’s shares closed flat at Rs 388.65 apiece on the NSE, having reached a 52-week high of Rs 414.40 and a low of Rs 315.55.
