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NTPC Ltd reported a steady improvement in profitability in the December quarter, with profit attributable to owners of the parent rising 8.4 per cent to ₹5,489 crore in Q3FY26, compared with ₹5,063 crore in Q3FY25, reflecting improved operating performance and higher contributions from group entities.
On a consolidated basis, revenue from operations increased to ₹45,846 crore during Q3FY26, up from ₹45,069 crore in the corresponding quarter last year, supported by stable generation revenues and growth in allied and subsidiary businesses.
Total expenses for the quarter stood at ₹39,533 crore, broadly flat year-on-year, with fuel costs remaining the largest component at ₹22,776 crore, while finance costs rose to ₹3,164 crore due to higher borrowings and interest outgo at the group level.
During the quarter, NTPC also benefited from its share of profit from joint ventures, which stood at ₹614 crore, underscoring the growing contribution of strategic associates to consolidated earnings.
The board of directors also declared a second interim dividend of ₹2.75 per equity share for FY26, payable on 25 February 2026.
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