NTPC Green Energy Ltd. posted a rise in consolidated net profit in the third quarter of financial year 2025 in its first financial results since listing.
The renewable energy project developer reported a 18% increase in annual terms in its net profit to Rs 65.6 crore in the October-December 2024 quarter, compared to Rs 55.6 crore a year ago.
NTPC Green Energy Q3 FY25 Highlights (Consolidated, YoY)
Revenue up 13% to Rs 505 crore versus Rs 446 crore
Ebitda up 7.2% to Rs 424 crore versus Rs 395 crore
Margins at 83.9% vs 88.6%
Net Profit up 18% to Rs 65.6 crore versus Rs 55.6 crore
The company's margins contracted due to 111% higher employee benefit expenses and 48% higher other expenses.
(This is a developing story.)
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