$NTPC Q1 results: Board approves raising Rs 12,000 cr via NCDs; profit up 11.8% YoY to Rs 6,721 cr, revenue rises 7.8% YoY

State-run power major NTPC Ltd on Friday said its board has approved a proposal to raise up to Rs 12,000 crore through the issuance of non-convertible debentures (NCDs) in the domestic market, subject to shareholders' approval. The fundraising approval came after the company’s board meeting held today, where it also considered and approved the earnings for the quarter ended June 30, 2026 (Q1 FY27). In an exchange filing, NTPC said the proposed fundraising will be undertaken through the issue of secured or unsecured, redeemable, taxable or tax-free, cumulative or non-cumulative NCDs, in one or more tranches.