NTPC Reports Q1 FY26 Results, Strong PLF Drives PAT Growth Amid Lower Power Generation

NTPC Ltd., India’s largest power producer with a group installed capacity of about 83 GW, announced its unaudited financial results for the first quarter of FY26 on 29 July 2025. During Q1 FY26, the NTPC Group generated approximately 110 billion units of electricity, slightly lower than the 114 billion units generated in the same period last year. On a standalone basis, NTPC’s power generation was around 91 billion units, compared to 98 billion units in Q1 FY25.

NTPC’s coal-based power plants reported a Plant Load Factor (PLF) of 75.16% in Q1 FY26, significantly higher than the 67.67% PLF recorded by other coal stations across the country during the same period. Financially, NTPC’s standalone total income stood at ₹43,333 crore in Q1 FY26, down from ₹45,053 crore in Q1 FY25.

However, its standalone Profit After Tax (PAT) increased to ₹4,775 crore, up 6% from ₹4,511 crore in the corresponding quarter last year. On a consolidated level, the group’s total income for Q1 FY26 was ₹47,821 crore, compared to ₹48,982 crore in Q1 FY25. The group’s PAT rose to ₹6,108 crore in Q1 FY26, marking an 11% growth from ₹5,506 crore in the same quarter the previous year.