NTPC LTD. — Q2FY27 earnings call summary

Filed 06 November 2026 · Official transcript

Power demand grew 15% in H1 FY27; October saw 21% y-y growth
NTPC Group added 2,398 MW capacity in H1 FY27; 37 GW under construction
FY27 RE capacity addition revised to ~6.5 GW on-ground; full 8 GW expected with transmission
Consolidated H1 FY27 PAT 14,247 Cr (+26% y-y); NGEL revenue +58%, EBITDA margin 89%
Standalone Q2 FY27 revenue 45,752 Cr (+17% y-y); PAT 5,320 Cr (+14% y-y)
Transmission constraints caused renewable curtailment; expected resolution by mid-July 2027
Battery storage projects progressing; 5 GWh at thermal sites, 40 GWh planned
Focus on fuel security, coal sourcing, nuclear project progress, and C&I opportunities