Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended 30 September 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations

Date of Board Meeting / Approval: 31 October 2026

Audit Opinion: Unmodified (Clean)

Auditor’s Comment: The Joint Statutory Auditors carried out a limited review and issued an unmodified conclusion. No qualifications or modifications affecting earnings quality, internal controls, or going concern were noted.

Key Financial Highlights [₹ crore]

Standalone Results:

Revenue from Operations:

  • Q2 FY27: ₹45,752.00 crore (Q2 FY26: ₹39,164.82 crore | +16.8% YoY)
  • H1 FY27: ₹89,583.86 crore (H1 FY26: ₹81,736.43 crore | +9.6% YoY)

Total Income:

  • Q2 FY27: ₹46,841.54 crore
  • H1 FY27: ₹91,353.95 crore

Net Profit:

  • Q2 FY27: ₹5,319.94 crore (Q2 FY26: ₹4,653.33 crore | +14.3% YoY)
  • H1 FY27: ₹10,662.30 crore (H1 FY26: ₹9,428.01 crore | +13.1% YoY)

EPS (including net movement in regulatory deferral account balances):

  • Q2 FY27: ₹5.49 (Q2 FY26: ₹4.80)
  • H1 FY27: ₹11.00 (H1 FY26: ₹9.72)

Other Equity: ₹172,339.88 crore (31 March 2026: ₹165,168.58 crore)

Cash and Cash Equivalents: ₹465.86 crore (31 March 2026: ₹679.72 crore)

Debt (Paid-up debt capital): ₹189,627.19 crore (31 March 2026: ₹190,109.58 crore)

Consolidated Results:

Revenue from Operations:

  • Q2 FY27: ₹54,269.95 crore (Q2 FY26: ₹44,784.05 crore | +21.2% YoY)
  • H1 FY27: ₹105,010.91 crore (H1 FY26: ₹91,848.40 crore | +14.3% YoY)

Total Income:

  • Q2 FY27: ₹54,715.69 crore
  • H1 FY27: ₹105,857.20 crore

Net Profit:

  • Q2 FY27: ₹7,350.79 crore (Q2 FY26: ₹5,225.30 crore | +40.7% YoY)
  • H1 FY27: ₹14,247.23 crore (H1 FY26: ₹11,333.76 crore | +25.7% YoY)
  • Attributable to owners: ₹13,750.61 crore (H1 FY26: ₹11,077.38 crore)

EPS (including net movement in regulatory deferral account balances):

  • Q2 FY27: ₹7.25 (Q2 FY26: ₹5.23)
  • H1 FY27: ₹14.18 (H1 FY26: ₹11.42)

Other Equity: ₹203,774.77 crore (31 March 2026: ₹193,479.00 crore)

Cash and Cash Equivalents: ₹2,459.86 crore (31 March 2026: ₹1,399.30 crore)

Debt (Paid-up debt capital): ₹275,633.68 crore (31 March 2026: ₹267,258.20 crore)

Segment-wise Performance [₹ crore]:

Standalone:

Generation Segment Revenue:

  • Q2 FY27: ₹44,852.22 crore
  • H1 FY27: ₹87,764.23 crore

Generation Segment Profit before interest and tax:

  • Q2 FY27: ₹5,929.61 crore
  • H1 FY27: ₹14,082.20 crore

Consolidated:

Generation Segment Revenue:

  • Q2 FY27: ₹53,257.99 crore
  • H1 FY27: ₹102,401.34 crore

Generation Segment Profit before interest and tax:

  • Q2 FY27: ₹9,212.36 crore
  • H1 FY27: ₹19,761.16 crore

Corporate Actions:

Dividend: Declared first interim dividend for FY27 at 30% (₹3 per equity share of face value ₹10 each).

Record Date: 6 November 2026

Payment Date: Within statutory period commencing from 25 November 2026

Other Significant Information:

  • Revenue recognition is based on provisional billing as per CERC Tariff Regulations, 2024, pending final tariff orders.
  • The company completed the transfer of its remaining coal mine business to wholly-owned subsidiary NTPC Mining Ltd (NML) effective 1 April 2026 for a consideration of ₹6,339.18 crore.
  • An amount of ₹390.10 crore is outstanding as recoverable from the Government of India for a discontinued hydro power project.
  • The Board Meeting commenced at 11:00 AM and concluded at 1:55 PM on 31 October 2026.