The share price of NTPC slipped over 2% in early trade today, reacting to the company’s September-quarter (Q2FY26) results announced post-market hours on October 30.

The state-run power major reported a 3.9% quarter-on-quarter (QoQ) fall in consolidated net profit to Rs 5,067 crore, compared to Rs 5,275 crore in the previous quarter.

NTPC Q2 earnings snapshot

According to the company’s exchange filing, standalone revenue for Q2FY26 stood at Rs 39,200 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) came in at Rs 10,000 crore.

However, profit after tax (PAT) stood at Rs 4,650 crore. Adjusted PAT was Rs 4,500 crore, up 8% YoY and 2% QoQ.

How are brokerages interpreting NTPC performance –

Motilal Oswal: ‘Neutral’ with a target price of Rs 372

Brokerage

See Full Page