NTPC’s Q1 FY26 earnings

⚡ “NTPC Q1: Power Packed Profits, Dimmed Margins” India’s largest power PSU, NTPC Ltd, reported a mixed bag in its Q1 FY26 results: 💰 Financial Highlights Metric Q1 FY26 YoY Change Street Estimate Net Profit ₹4,774 Cr +5.8% ₹4,912 Cr Revenue ₹42,573 Cr -4.2% ₹45,441 Cr EBITDA ₹10,284 Cr -17.4% ₹12,881 Cr EBITDA Margin24.2% ↓ 388 bps 28.4% 📉 Key Takeaways Profit beat YoY, but missed analyst estimates Revenue and EBITDA declined, reflecting lower generation and margin pressure EBITDA margin compressed due to higher operating costs and lower fuel efficiency 🧭 Strategic Notes NTPC’s coal PLF remains strong at 75.16% vs India’s average of 67.67% Installed capacity rose to 83 GW, with green energy and nuclear expansion underway Final dividend of ₹3.35/share declared; record date: September 4, 2025