NTPC Green Energy reported a 15.5% year-on-year decline in consolidated net profit to ₹197.05 crore in Q4 FY26, compared with ₹233.22 crore in the same quarter last year. According to reports from Business Standard, the company's revenue from operations showed strong growth, jumping 46.7% YoY to ₹912.63 crore in Q4 FY26 versus ₹622.27 crore in Q4 FY25. However, total expenses rose significantly by 60.4% YoY to ₹713.19 crore in Q4 FY26, against ₹444.63 crore in Q4 FY25.
The company's cost structure showed substantial increases across key areas during the quarter. As reported by Business Standard, finance costs stood at ₹257.45 crore, representing a 45.6% YoY increase, while employee benefit expenses were at ₹29.17 crore, marking a 98.9% YoY rise. Profit before tax (PBT) declined 19.5% YoY to ₹247.26 crore in Q4 FY26 from ₹307.02 crore in Q4 FY25.
On a full-year basis, NTPC Green Energy demonstrated stronger performance with consolidated net profit rising 9.9% to ₹522.60 crore on a 29.4% rise in revenue to ₹2,858.42 crore in FY26 over FY25. According to Business Standard, this full-year growth indicates the company's ability to maintain profitability despite quarterly challenges.
The board approved significant fundraising plans, authorizing the company to raise up to ₹5,000 crore during FY27 through secured or unsecured non-convertible debentures (NCDs) and bonds in one or more tranches. As reported by Business Standard, the company also approved the incorporation of a joint venture with CtrlS Datacenters Ltd for the development of renewable energy projects, subject to regulatory approvals. NTPC Green Energy operates as the renewable energy arm of NTPC, focusing on undertaking projects through organic and inorganic routes.
