NTPC on Saturday, October 31, reported a 40.68% year-on-year growth in consolidated net profit for the second quarter of the 2026-27 financial year, posting a profit of ₹7,350.8 crore against ₹5,225.3 crore in the year-ago period. The state-owned power giant attributed the strong performance to higher generation and improved operational efficiencies. The board of directors declared an interim dividend of ₹3 per equity share, representing 30% of paid-up capital with a face value of ₹10 each, for FY27, fixing November 6 as the record date.

Consolidated revenue from operations jumped 21.2% YoY to ₹54,269.95 crore in the July-September quarter of FY27, compared with ₹44,784.05 crore in the corresponding year-ago period. Revenue from the generation segment stood at ₹53,257.99 crore, marking a 22.43% YoY increase from ₹43,501.91 crore in Q2 FY26. Revenue from other segments rose 49.3% YoY to ₹7,349.32 crore in Q2 FY27, from ₹4,922.73 crore in the same period last year.

Profits from subsidiary companies increased 73% YoY to ₹1,990 crore during the quarter under review, compared with ₹1,149 crore in the September quarter of the 2025-26 fiscal year (Q2 FY26). For the half year ended September 30, 2026, consolidated PAT advanced by 25.70% YoY to ₹14,247 crore from ₹11,334 crore in the corresponding period of the previous year. The company recorded revenue from operations of ₹1.02 lakh crore for H1 FY27, registering a growth of 14.54% YoY from ₹89,404.05 crore in H1 FY26.

During H1 FY27, NTPC's coal stations achieved a plant load factor (PLF) of 75.11%, significantly higher than the rest of India's coal PLF of 68.35%, the company stated. NTPC Ltd, a Maharatna company of the Government of India, is India's largest integrated energy company with an installed capacity of over 91 GW. The company is targeting 60 GW of renewable energy capacity by 2032 and investing in emerging technologies such as nuclear power, battery energy storage, carbon capture, and green chemicals.

The strong Q2 performance was supported by higher generation and improved operational efficiencies across the company's portfolio. NTPC's consolidated revenue from operations growth of 21.2% YoY was driven by a 22.43% YoY increase in generation segment revenue and a 49.3% YoY rise in other segment revenue. The 73% YoY increase in subsidiary company profits further contributed to the overall consolidated net profit growth of 40.68% YoY to ₹7,350.8 crore for Q2 FY27.