Summary of Key Information:

Reporting Period: Quarter ended 30 June 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Corporate Approvals

Audit Opinion:

Clean opinion - Limited review reports from PR Mehra & Co. Chartered Accountants stated no material misstatements found in both standalone and consolidated financial results.

Key Financial Highlights [₹ Crore]:

Standalone Results:

Revenue from Operations: ₹570.45 crore (QoQ: +14% from ₹499.02 crore; YoY: +2% from ₹560.33 crore)

Total Income: ₹601.01 crore

Net Profit: ₹152.75 crore (QoQ: +62% from ₹94.44 crore; YoY: -8% from ₹165.22 crore)

EPS: ₹0.18 (Basic and Diluted)

Other Equity: ₹10,618.87 crore

Paid-up Debt Capital: ₹8,921.62 crore

Operating Margin: 63.29%

Net Profit Margin: 26.78%

Debt Equity Ratio: 0.47

Interest Service Coverage Ratio: 3.04

Current Ratio: 1.06

Consolidated Results:

Revenue from Operations: ₹1,106.86 crore

Total Income: ₹1,121.65 crore

Net Profit: ₹304.84 crore (Attributable to owners: ₹304.84 crore)

EPS: ₹0.36 (Basic and Diluted)

Other Equity: ₹10,843.45 crore

Paid-up Debt Capital: ₹32,353.01 crore

Operating Margin: 62.32%

Net Profit Margin: 27.54%

Debt Equity Ratio: 1.68

Interest Service Coverage Ratio: 3.01

Current Ratio: 0.30

Segment-wise Performance:

The Company and Group are primarily engaged in power generation from renewable energy sources and do not have any separate reportable segments as per Ind AS 108.

Corporate Actions:

1. Incorporation of a wholly owned subsidiary/SPV for development of renewable energy projects and subsequent dilution of stake for captive/group captive structuring for Commercial & Industrial sector customers, subject to necessary approvals.

2. In-principle approval for investment of up to ₹28,77,550 in AP NGEL Harit Amrit Limited (APNHAL) by subscribing to 2,87,755 equity shares, increasing holding from 50% to 51%, making APNHAL a subsidiary.

Other Significant Information:

  • During FY25-26, company issued ₹1,500 crore non-convertible debentures listed on NSE on November 12, 2025
  • IPO of ₹10,000 crore completed in FY24-25 with proceeds fully utilized by 30 September 2025
  • Revenue includes consultancy, project management and supervision fees: ₹12.74 crore (standalone), ₹10.17 crore (consolidated)
  • Some balances under trade payable/other payables and advances are subject to confirmation/reconciliation

Entities in Consolidation:

Subsidiaries: NTPC Renewable Energy Ltd (100%), Green Valley Renewable Energy Ltd (51%), NTPC Rajasthan Green Energy Ltd (74%), NTPC UP Green Energy Ltd (51%), NTPC MahaPreit Green Energy Ltd (74%), Chhattisgarh NTPC Green Energy Ltd (74%)

Joint Ventures: Indianoil NTPC Green Energy Pvt Ltd (50%), ONGC NTPC Green Private Ltd (50%), MAHAGENCO NTPC Green Energy Private Ltd (50%), AP NGEL Harit Amrit Ltd (50%)

Auditor Qualifications:

No qualifications - clean limited review reports issued for both standalone and consolidated results.