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SAURABH SAHU

30th Oct · SEBI-Registered Analyst

**NTPC Q2 FY26 Results: Profit Rises 9% YoY; Interim Dividend of ₹2.75 Declared**

*October 30, 2025* — **NTPC Limited (NSE: NTPC, BSE: 532555)** reported steady performance for the quarter ended **September 30, 2025**, supported by healthy generation and operational efficiency. The **consolidated net profit** stood at **₹5,225 crore**, up **9% year-on-year** from ₹4,825 crore in the same period last year, driven by cost optimization and regulated returns. **Revenue from operations** came in at **₹44,786 crore**, marginally higher than ₹44,706 crore in Q2 FY25, reflecting stable power demand and tariff recoveries under CERC regulations. The company declared a **first interim dividend of ₹2.75 per share** for FY26, with payment scheduled on or before **November 25, 2025**. On a standalone basis, NTPC posted a **net profit of ₹4,653 crore** compared to ₹4,649 crore in Q2 FY25. Fuel costs were ₹22,014 crore, while total expenses stood at ₹35,802 crore. NTPC maintained strong financial ratios, with a **debt-equity ratio of 1.11x** and **interest coverage of 4.25x**, highlighting its solid balance sheet. The company also noted progress on **hiving off its coal mining business** to its wholly owned subsidiary **NTPC Mining Ltd**, as part of its strategic restructuring initiative. *Disclaimer: This article is for informational purposes only and not investment advice.*

NTPC

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