loading
loading
NTPC Q2 results: Standalone profit rises 14%, beats estimates; declares ₹3 interim dividend - Published OnOct 31, 2026 | 16:19 IST - Last Updated OnOct 31, 2026 | 16:19 IST NTPC surpassed profit expectations on surging operational revenue, even as operating margins fell short of analyst estimates. The utility giant announced an interim dividend alongside multi-gigawatt expansions in pumped storage and nuclear energy. Find out how management plans to fund its aggressive green energy rollout. Integrated Power Utility firm NTPC reported a 14.3% year-on-year increase in standalone net profit to ₹5,320 crore for the second quarter of FY27, compared to ₹4,653 crore in the corresponding quarter last year. Profit was higher than the CNBC-TV18 poll estimate of ₹5,031 crore. Revenue from operations rose 16.8% year-on-year to ₹45,752 crore from ₹39,165 crore, also beating the CNBC-TV18 poll estimate of ₹43,192 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) increased 8.7% to ₹10,891 crore from ₹10,018 crore a year ago. However, it missed the poll estimate of ₹12,393 crore. EBITDA margin stood at 24% against 26% in the year-ago quarter, also below the CNBC-TV18 poll estimate of 29%. Declares ₹3 interim dividend NTPC's board has declared a first interim dividend of 30%, or ₹3 per equity share, on the face value of ₹10 for FY27. The company has fixed November 6, 2026, as the record date for determining shareholders eligible for the interim dividend. Capex and fixed assets NTPC Group's gross fixed assets stood at ₹4,85,444 crore as of September 30, 2026, compared to ₹4,37,142 crore a year ago. Group capital expenditure during H1 FY27 stood at ₹23,932 crore, against ₹23,115 crore in H1 FY26. Pumped storage and battery storage plans NTPC Group has a pumped storage project (PSP) portfolio of 16 GW. Of this, the 1 GW Tehri PSP project of THDC is under commercial operation, while detailed project reports for other projects with a combined capacity of 15 GW are in progress. The company is also working on 5 GWh of battery energy storage system (BESS) capacity allocated under the Viability Gap Funding scheme of the Power System Development Fund. The capacity is planned across 15 NTPC thermal power stations and one group company, with commissioning expected to commence from June 2027 onwards. Meanwhile, the NGEL Group is executing 1,620 MWh of BESS projects, with an additional 40 GWh of projects under tendering and planning. Progress on nuclear energy plans NTPC Parmanu Urja Nigam Limited (NPUNL), a wholly owned subsidiary, has identified 30 potential sites across multiple states for nuclear projects. Site selection studies have been completed at four locations, while studies are at an advanced stage at six other locations. Also Read: CDSL Q2 results: Profit grows 24% to ₹174 crore; demat account base expands 17% YoY
document fetched 2026-11-01 02:57 · canonical https://cnbctv18.com/market/earnings/ntpc-q2-results-standalone-profit-rises-14-beats-estimates-declares-%25e2%2582%25b93-interim-dividend-20024067.htm