NTPC Green Energy Reports Strong Q3 Growth

04 Feb 2025 CW Team

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).

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..