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NTPC Green Energy Q2 Results: Profit jumps 56% YoY to Rs 137 crore, revenue rises 53%

By · Published by Everything Blog

In short

The renewable power producer benefited from higher operational income alongside EBITDA margin expansion to 88.4% during the second quarter of FY27. Total expenses surged 59% during the period, reaching Rs 876.03 crore as the firm continued to build out its infrastructure. Commercial capacity rose past 11,424 MW following the operationalization of a 95.6 MW solar tranche in Bikaner. Despite these advancements, the firm's stock fell 1.78% to Rs 82.44, bringing total market capitalisation to Rs 69,467 crore.

Key points

  • Total commercial generation capacity expanded to 11,424.29 MW after integrating new solar…: Total commercial generation capacity expanded to 11,424.29 MW after integrating new solar assets in Rajasthan.
  • Operational earnings before interest, taxes, depreciation, and amortisation advanced 56.6…: Operational earnings before interest, taxes, depreciation, and amortisation advanced 56.6% to reach Rs 830 crore.
  • The company's stock experienced a 1.78% post-earnings dip, increasing its total decline t…: The company's stock experienced a 1.78% post-earnings dip, increasing its total decline to 13.51% so far in 2026.

Sources checked by our analysis pipeline: 1

The company's revenue from operations rose 53.2% YoY to Rs 938.2 crore in Q2FY27, from Rs 612.3 crore reported in Q2FY26. On the cost front, the company's total expenses increased 59% YoY to Rs 876.03 crore in Q2FY27, compared with Rs 551 crore reported in the corresponding quarter of the previous financial year.

NTPC Green Energy's Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 56.6% YoY to Rs 830 crore, compared with Rs 530 crore in the year-ago quarter.

The EBITDA margin improved to 88.4% in Q2FY27 from 86.5% in the corresponding quarter last year.

ALSO READ: GAIL Q2 Results: Profit zooms 139% YoY to Rs 4,720 crore, revenue rises 33%; board approves GAIL Gas IPO

NTPC Green Energy operational update

Earlier, on October 29, NTPC Green Energy announced that the fifth part capacity of 95.6 MW of the Kalasar Solar Energy Project in Bikaner, Rajasthan, had been declared commercially operational with effect from 00:00 hours on October 30, 2026.

The 95.6 MW capacity is part of the 650 MW solar component under the 500 MW REMCL Round-the-Clock (RTC)…

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