New Delhi: NTPC Green Energy Limited (NGEL), the green energy arm of NTPC Ltd, has reported a robust 59 percent year-on-year growth in its consolidated net profit, which rose to Rs 220.48 crore for the April–June quarter of the financial year 2025–26. The sharp rise in profit was primarily driven by a significant increase in revenues.
During the quarter under review, NGEL’s total income grew by 24 percent to Rs 751.69 crore, up from Rs 607.43 crore in the corresponding period last year. Total expenses stood at Rs 492.55 crore, higher than Rs 423.99 crore recorded in the same quarter of the previous fiscal.
NGEL serves as the umbrella company for all green business initiatives of NTPC and plays a pivotal role in the company’s strategy to achieve 60 GW of renewable energy capacity by FY2031-32. The company executes projects through both organic and inorganic routes, aligning with India’s clean energy transition goals.
Earlier in FY'25, NGEL successfully completed its Initial Public Offering (IPO), raising Rs 10,000 crore through a fresh issue of over 92.63 crore equity shares. The company's shares were listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on November 27, 2024.
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