State-run power company NTPC reported a significant 90% sequential increase in Profit After Tax (PAT) for the fourth quarter of FY26, reaching Rs 10,615 crore. The board also recommended a final dividend of Rs 3.50 per share for FY26, pending shareholder approval at the upcoming AGM.
The company's revenues for Q4FY26 were Rs 48,548 crore, marking an 8% increase from Rs 45,846 crore in the previous quarter. However, when compared to the same quarter last year, revenue showed a slight decline from Rs 49,353 crore. Despite this, the full-year PAT rose 15% to Rs 27,546 crore, up from Rs 23,953 crore in FY25.
Expenses for the quarter were reported at Rs 43,238 crore, up 9% from Rs 39,533 crore in Q3FY26, but slightly down by 0.35% year-on-year. These expenses included costs for fuel, electricity purchases, employee benefits, and finance costs.
The final dividend of Rs 3.50 per share is in addition to the first interim dividend of Rs 2.75 per share, reflecting the company's strong financial performance.
The company's ability to maintain robust profitability despite a marginal 0.40% decline in annual revenue, which stood at Rs 18,8138 crore, underscores its operational efficiency and strategic management.
Background
NTPC's financial results highlight its resilience in a challenging market environment, with strategic cost management and operational efficiencies contributing to its strong performance.
Looking ahead, NTPC's financial performance and dividend announcements are likely to bolster investor confidence. Shareholders and market analysts will be watching the upcoming AGM for further insights into the company's future strategies.



