Economy
NTPC Reports 38.7% Jump in Q2 Profit as Subsidiary Grows 59%

NTPC Reports 38.7% Jump in Q2 Profit as Subsidiary Grows 59%

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THE BRIEF
1

State-run NTPC Limited reported a 38.7% year-on-year jump in its net profit to ₹7,029.56 crore for the September quarter of FY27.

2

The company's renewable energy subsidiary, NTPC Green Energy, recorded a 59% annual growth in its net profit, reaching ₹137.50 crore for the same quarter.

3

NTPC announced its first interim dividend for FY27 at the rate of 30% or ₹3 per equity share, while NTPC Green Energy declared no dividend.