NTPC (NTPC) Q1 24/25 earnings summary

Executive summary

• Consolidated revenue from operations for Q1 FY25 was ₹48,520.57 crore, up from ₹43,075.09 crore in Q1 FY24, with consolidated net profit at ₹5,506.07 crore, compared to ₹4,907.13 crore year-over-year.

• Standalone revenue from operations for Q1 FY25 was ₹44,419.22 crore, up from ₹39,122.25 crore in Q1 FY24, with standalone net profit at ₹4,510.98 crore, compared to ₹4,066.04 crore year-over-year.

• The Board approved the unaudited results on 27 July 2024, and auditors issued an unmodified review conclusion.

Financial highlights

• Consolidated EBIT for Q1 FY25 was ₹9,527.65 crore, with a net profit margin of 11.35%.

• Standalone EBIT for Q1 FY25 was ₹8,385.12 crore, with a net profit margin of 10.16%.

• Earnings per share (consolidated, including regulatory deferral) was ₹5.65, and standalone was ₹4.65 for Q1 FY25.

• Paid-up equity share capital stood at ₹9,696.67 crore; consolidated net worth at ₹1,65,109.29 crore.

Outlook and guidance

• Capacity charges and energy charges for Q1 FY25 were provisionally billed as per CERC Tariff Regulations, 2024, with ongoing regulatory processes for final tariff orders.

• Management expects no threat to project continuance, including the Joshimath hydro project, and is confident of viable solutions.