NTPC Green Energy Q3 Profit Plunges 73% Despite Strong Revenue Growth

NTPC Green Energy | The demerged entity of state-run NTPC, which still trades around or below its IPO price, reported a 17% growth in its topline and EBITDA each, while margins remained stable at 88.6%. Profitability during the quarter increased but was aided by a higher other income component. The company's total operational capacity now stands at close to 7 GW.

Stocks

C

CNBC TV18•29-01-2026, 20:54

NTPC Green Energy Q3 Profit Plunges 73% Despite Strong Revenue Growth

•NTPC Green Energy Ltd reported a net profit of ₹17.5 crore for Q3, a 73% year-on-year decline from ₹65.6 crore.
•Revenue for the quarter increased by 29.4% to ₹653.3 crore, up from ₹505 crore in the previous year.
•EBITDA saw a 33.8% year-on-year increase, reaching ₹567 crore, with EBITDA margin improving to 86.8%.
•The company aims to achieve 60 gigawatts (GW) by FY32 through its green energy initiatives.
•NTPC Green Energy completed its IPO in FY25, raising ₹10,000 crore, and listed on NSE and BSE on November 27, 2024.

Why It Matters: NTPC Green Energy's Q3 profit dropped significantly despite robust revenue and EBITDA growth.

Read Full Article on Cnbc in English

✦

More like this

Loading more articles...