1 month ago

NTPC Green Energy Q1 Earnings Show Strong Growth

NTPC Green Energy Q1 Earnings Show Strong Growth
NTPC Green Energy Q1 earnings: Key details on financial show and expansion plan · businesstoday.in

NTPC Green Energy Ltd recently announced its Q1 earnings, showing a strong performance with a 38.3% increase in net profit and a 62.7% rise in revenue.

The company's EBITDA also grew by 63.8%, maintaining a high margin of 89.3%.

The board approved the creation of a new subsidiary to develop renewable energy projects and plans to increase its stake in a joint venture in Andhra Pradesh.

This move aims to expand the company's clean energy portfolio and meet the growing demand for green power solutions.

Key facts

Market Cap
Rs 76,932 crore
Q1 Revenue
Rs 1,106.9 crore
Q1 Net Profit
Rs 38.3% year-on-year growth
EBITDA
Rs 988.7 crore
EBITDA Margin
89.3%
Proposed Investment in AP NGEL Harit Amrit Ltd
Rs 28.78 lakh

Quotes

NTPC Green Energy Ltd

company issuing earnings report

“NTPC Green Energy announced its Q1 earnings, noting a 38.3% rise in net profit and a 63.8% jump in EBITDA, and approved a new SPV to develop renewable‑energy projects.”
businesstoday.in

Sources

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