NTPC announces robust financial performance in FY26
NTPC Ltd, India’s largest integrated power utility, has announced its audited financial results for the fourth quarter and financial year ended March 31, 2026, reporting a strong all-round performance driven by operational gains and strategic growth.
On a standalone basis, NTPC reported a total income of Rs 44030 crore for Q4 FY26, registering a 6 per cent growth compared to Q3 FY26. Profit After Tax (PAT) for Q4 FY 26 rose to Rs 8747 crore up from Rs 4987 crore for Q3 FY 26. For the full fiscal year PAT increased by 18 per cent to Rs 23162 crore from Rs 19649 crore for FY25. The PAT growth was primarily driven by gains from capacity additions, operational efficiencies, reduction in finance costs, and revision in the deferred tax and regulatory deferred account balances.
On a consolidated basis, NTPC Group’s PAT for FY26 rose by 15 per cent to Rs 27546 crore from Rs 23953 for FY25.
The strong performance was bolstered by a 29 per cent increase in the share of joint venture profits, which reached Rs 2864 crore. Subsidiaries also earned a profit of Rs 3312 crore for FY26. Group PAT for Q4 FY26 has increased to Rs 10615 crore from Rs 5597 crore in Q3 FY26.
NTPC’s coal power stations continue to set industry benchmarks in operational efficiency.
NTPC’s coal plants achieved a plant load factor of 72.04 per cent during FY26, significantly outperforming the rest of India’s coal PLF of 63.20 per cent.
The results reinforce NTPC’s leadership position in India’s power sector, backed by sustained operational excellence and a diversified growth strategy.
