NTPC Shares Rise Nearly 2% As Q4 Profit Rises

The shares of NTPC Ltd. rose nearly 2% as the net profit for the fourth quarter rose. The power generation and distribution company reported a 23.4% increase in its net profit to Rs 7,611 crore in the March 2025 quarter, compared to Rs 6,169 crore a year ago.

The rise in profit was on the back of a net movement in regulatory deferral account balances. This accounting adjustment allowed them to recognise certain foreign currency exchange gains now, which under normal circumstances, would have been spread out over future periods due to regulatory guidelines.

Revenue increased by 4.6% year-on-year for the three months ended March, reaching Rs 49,834 crore. Operating income, or earnings before interest, taxes, depreciation, and amortisation, rose 4% year-on-year to Rs 14,754 crore. The Ebitda margin narrowed 20 points to 29.6%.

The board also announced a final dividend of Rs 3.35 per share for the financial year 2025, according to the exchange filing. This is in addition to the first interim dividend of Rs 2.50 per share and the second interim dividend of Rs 2.50 per share.

As of March 2025, NTPC's installed capacity stood at 79,930 MW.

The shares of NTPC rose as much as 1.92% to Rs 351.20 apiece, the highest level since May 5. It pared gains to trade 1.2% higher at Rs 348.75 apiece, as of 9:51 a.m. This compares to a 0.85% advance in the NSE Nifty 50 Index.

It has fallen 7% in the last 12 months and risen 4.56% year-to-date. Total traded volume so far in the day stood at 3.8 times its 30-day average. The relative strength index was at 46.60.

Out of 27 analysts tracking the company, 23 maintain a 'buy' rating, two recommend a 'hold,' and two suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 21.8%.