State-owned power producer NTPC Limited delivered a strong financial performance in the second quarter of FY27, posting a 38.7 per cent year-on-year (YoY) increase in consolidated net profit attributable to shareholders. The company's profit climbed to Rs 7,029.56 crore in the July-September quarter, against Rs 5,066.78 crore reported in the corresponding period of the previous financial year.
\n\nThe power giant also recorded healthy growth in revenue, with consolidated revenue from operations rising 21.2 per cent to Rs 54,269.95 crore in Q2 FY27. The company had registered revenue of Rs 44,784.05 crore in the year-ago quarter.
\n\nNTPC announced its financial performance through unaudited results submitted to the stock exchanges on Saturday. Alongside the earnings announcement, the company's board approved its first interim dividend for FY27, offering shareholders a payout of Rs 3 per equity share.
\n\nNTPC's consolidated financial statements showed that profit attributable to owners of the parent company stood at Rs 7,029.56 crore during the September quarter. Meanwhile, the overall consolidated profit, which also accounts for non-controlling interests, came in at Rs 7,350.79 crore.
\n\nThis marked a considerable improvement over the corresponding quarter of FY26, when the company reported total consolidated profit of Rs 5,225.30 crore, while profit attributable to…
Original source: https://www.timesnownews.com/business-economy
