NTPC Green Energy Reports Strong Q3 Growth
POWER & RENEWABLE ENERGY

NTPC Green Energy Reports Strong Q3 Growth

NTPC Green Energy has posted impressive growth in the third quarter (Q3) of FY25, with total income reaching ?5.81 billion ($67.06 million), reflecting a 25% year-over-year (YoY) increase. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for Q3 rose by 22% YoY, amounting to ?5 billion ($57.71 million). Net profit grew 18% YoY to ?656.1 million (~$7.57 million), signaling continued strength in its financial performance.

However, the Earnings Per Share (EPS) showed a slight decline, falling from ?0.12 ($0.0014) in Q3 FY24 to ?0.08 ($0.00092) in the current quarter.

For the first nine months (9M) of FY25, NTPC Green's total income increased by 15%, totaling ?17.14 billion ($197.87 million). The company’s EBITDA for 9M FY25 was ?14.83 billion ($171.21 million), marking an 11% growth, while net profit fell 8% to ?2.41 billion ($27.82 million). EPS for 9M FY25 stood at ?0.37 ($0.0043), compared to ?0.55 (~$0.0063) in the same period of FY24.

In terms of renewable energy expansion, NTPC Green added 550 MW of commercial capacity during the first nine months of FY25, bringing its total commercial renewable energy capacity to 3,475 MW by December 31, 2024, up from 2,761 MW a year earlier. The company also added 135 MW of capacity in Q4 FY25 to date. Looking ahead, NTPC Green’s management anticipates adding 3.08 GW of capacity in FY25, with targets of 5 GW for FY26 and 8 GW for FY27.

Power generation in 9M FY25 saw a 13% YoY increase, with NTPC Green producing 4,742 million units compared to 4,199 million units in the same period last year. However, the company’s capacity utilization factor declined slightly to 22.99% from 23.37% in FY24 due to factors like lower global horizontal irradiance and an extended monsoon season.

NTPC Green also made strides in securing new projects, winning 2,200 MW through tariff-based competitive bidding in FY25. Its total contracted and awarded capacity grew by 63% YoY, from 8,550 MW as of December 31, 2023, to 13,921 MW by December 31, 2024.

The company made its debut on stock exchanges on November 27, 2024, following an oversubscribed initial public offering (IPO) that raised ?100 billion (~$1.19 billion).

NTPC Green Energy has posted impressive growth in the third quarter (Q3) of FY25, with total income reaching ?5.81 billion ($67.06 million), reflecting a 25% year-over-year (YoY) increase. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for Q3 rose by 22% YoY, amounting to ?5 billion ($57.71 million). Net profit grew 18% YoY to ?656.1 million (~$7.57 million), signaling continued strength in its financial performance. However, the Earnings Per Share (EPS) showed a slight decline, falling from ?0.12 ($0.0014) in Q3 FY24 to ?0.08 ($0.00092) in the current quarter. For the first nine months (9M) of FY25, NTPC Green's total income increased by 15%, totaling ?17.14 billion ($197.87 million). The company’s EBITDA for 9M FY25 was ?14.83 billion ($171.21 million), marking an 11% growth, while net profit fell 8% to ?2.41 billion ($27.82 million). EPS for 9M FY25 stood at ?0.37 ($0.0043), compared to ?0.55 (~$0.0063) in the same period of FY24. In terms of renewable energy expansion, NTPC Green added 550 MW of commercial capacity during the first nine months of FY25, bringing its total commercial renewable energy capacity to 3,475 MW by December 31, 2024, up from 2,761 MW a year earlier. The company also added 135 MW of capacity in Q4 FY25 to date. Looking ahead, NTPC Green’s management anticipates adding 3.08 GW of capacity in FY25, with targets of 5 GW for FY26 and 8 GW for FY27. Power generation in 9M FY25 saw a 13% YoY increase, with NTPC Green producing 4,742 million units compared to 4,199 million units in the same period last year. However, the company’s capacity utilization factor declined slightly to 22.99% from 23.37% in FY24 due to factors like lower global horizontal irradiance and an extended monsoon season. NTPC Green also made strides in securing new projects, winning 2,200 MW through tariff-based competitive bidding in FY25. Its total contracted and awarded capacity grew by 63% YoY, from 8,550 MW as of December 31, 2023, to 13,921 MW by December 31, 2024. The company made its debut on stock exchanges on November 27, 2024, following an oversubscribed initial public offering (IPO) that raised ?100 billion (~$1.19 billion).

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?