Synopsis:
NTPC Green Energy Q1 revenue rose 18% to Rs. 680 Crores, and net profit grew 59% to Rs. 220 Crores YoY.
The shares of a Large-Cap company, specializing in developing, operating, and maintaining renewable energy projects, particularly in solar and wind power, jumped upto 2 percent upon declaring Q1 results with a 59 percent rise in profit Year on Year (YoY).
With a market capitalization of Rs. 89,319.09 crores on Tuesday, the shares of NTPC Green Energy Ltd jumped upto 2.3 percent, making a high of Rs. 109.65 per share compared to its previous closing price of Rs. 107.15 per share.
NTPC Green Energy Ltd, engaged in developing, operating, and maintaining renewable energy projects, particularly in solar and wind power, has announced its Q1 results as follows.
Its Revenue from operations rose by 18 percent YoY from Rs. 578 Crores in Q1FY25 to Rs. 680 Crores in Q1FY26, and it rose by 9.3 percent QoQ from Rs. 622 Crores in Q4FY25 to Rs. 680 Crores in Q1FY26.
Its Net Profit YoY rose by 59 percent from Rs. 139 Crores in Q1FY25 to Rs. 220 Crores in Q1FY26, and it declined by 5.5 percent QoQ from a profit of Rs. 233 Crores in Q4FY25 to Rs. 220 Crores in Q1FY26. The earnings per share (EPS) for the quarter stood at Rs. 0.26, compared to Rs. 0.28 in the previous quarter.
Company Overview & Others
NTPC Green Energy Limited (NGEL) is a wholly-owned subsidiary of NTPC Limited, which is one of the largest power generation companies in India. The primary focus of NTPC Green Energy is to advance the country’s transition to renewable energy, spearheading initiatives to reduce dependence on conventional fossil fuels and contribute to sustainable power generation.
The company focuses on harnessing solar, wind, and other green energy sources to meet the growing energy demand in an environmentally sustainable manner. NTPC Green Energy Limited (NGEL) leads NTPC’s green energy efforts and works on clean energy projects through both its developments and partnerships. Its goal is to help NTPC reach its target of 60 GW of green energy by the year 2032.
It has successfully commissioned 34 projects and is currently executing 36 more, contributing to a total present capacity of over 6.8 GW. The company prioritizes a systematic approach to Solar Power project design and implementation, ensuring efficiency and scalability.
They also invest in Floating Solar Power, offering a sustainable, space-efficient solution by installing solar photovoltaic panels on water bodies. Additionally, Hybrid Power projects combine various renewable energy sources to address the limitations of individual technologies, creating more reliable and consistent energy generation.
Written by Sridhar J
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