NTPC quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
NTPC Ltd reported sales of ₹54,270 Cr, operating profit of ₹15,627 Cr (OPM 29%) and net profit of ₹7,351 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
NTPC quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
45,069
49,834
47,064
44,784
45,846
49,686
50,741
54,270
Expenses
31,729
35,080
34,485
31,970
31,276
41,181
34,510
38,643
Operating Profit
13,341
14,754
12,579
12,814
14,570
8,505
16,231
15,627
OPM
30%
30%
27%
29%
32%
17%
32%
29%
Other Income
986
4,180
3,241
2,735
1,738
1,918
1,549
3,007
Interest
2,764
3,648
3,468
3,432
3,164
3,737
3,386
4,086
Depreciation
4,318
4,663
4,587
4,816
5,093
5,134
5,234
5,330
Profit before tax
7,245
10,623
7,765
7,301
8,050
1,553
9,160
9,218
Tax
29%
26%
21%
28%
30%
-584%
25%
20%
Net Profit
5,170
7,897
6,108
5,225
5,597
10,615
6,896
7,351
EPS in Rs
5.22
7.85
6.2
5.23
5.66
10.81
6.93
7.25
NTPC profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
1,32,669
1,76,207
1,78,525
1,88,138
1,87,385
2,00,543
Expenses
92,307
1,28,611
1,27,056
1,33,783
1,31,947
1,45,610
Operating Profit
40,362
47,596
51,469
54,355
55,438
54,933
OPM
30%
27%
29%
29%
30%
27%
Other Income
4,809
2,561
5,177
8,526
2,662
8,211
Interest
9,376
11,447
12,301
13,282
13,801
14,373
Depreciation
13,788
14,792
16,204
17,401
19,629
20,790
Profit before tax
22,007
23,917
28,142
32,198
24,669
27,980
Tax
23%
28%
24%
26%
-12%
-
Net Profit
16,960
17,121
21,332
23,953
27,546
30,459
EPS in Rs
17.2
17.44
21.46
24.16
27.9
30.65
Dividend Payout
41%
42%
36%
35%
32%
-
NTPC balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
9,697
9,697
9,697
9,697
9,697
Reserves
1,51,013
1,74,374
1,82,338
1,93,479
2,03,775
Borrowings
2,37,131
2,50,096
2,54,876
2,71,005
2,79,526
Other Liabilities
81,437
89,565
91,753
84,262
84,365
Total Liabilities
4,79,278
5,23,732
5,38,664
5,58,442
5,77,363
Fixed Assets
2,58,934
2,71,437
2,95,305
3,18,697
3,22,770
CWIP
87,664
1,00,859
88,605
84,957
91,394
Investments
15,885
19,704
20,162
24,180
25,289
Other Assets
1,16,795
1,31,733
1,34,593
1,30,609
1,37,910
Total Assets
4,79,278
5,23,732
5,38,664
5,58,442
5,77,363
NTPC cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
41,788
47,152
40,099
50,488
50,902
Cash from Investing Activity
-22,891
-26,145
-31,456
-45,852
-37,578
Cash from Financing Activity
-19,172
-21,217
-8,246
-4,073
-11,328
Net Cash Flow
-274
-210
398
563
1,995
Free Cash Flow
17,457
22,432
9,358
9,431
6,895
CFO/OP
109%
108%
85%
101%
98%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit