NTPC Ltd., India’s largest power producer, has reported strong financial results for the fourth quarter and full fiscal year ending FY25, reflecting solid growth across key performance indicators. On a standalone basis, NTPC recorded a total income of ₹45,813 crore in Q4 FY25, marking a 4% increase compared to the same quarter last year. The company’s Profit After Tax (PAT) for the quarter also rose by 4% year-on-year to ₹5,778 crore.
For the entire fiscal year, standalone income reached ₹174,414 crore, showing a 5% annual growth, while PAT grew by 9% to ₹19,649 crore. The growth in annual PAT, amounting to ₹1,570 crore, was primarily supported by factors such as capacity additions, improved operational efficiencies, higher other income, and reduced provisions and disincentives. These gains were partially offset by increased tax expenses and fuel cost adjustments from the previous year.
On a consolidated basis, the NTPC Group reported a 5% rise in total income, reaching ₹190,862 crore for FY25. Group PAT saw an even stronger growth of 12%, climbing to ₹23,953 crore. This impressive consolidated performance was further enhanced by a significant 35% rise in profits from joint ventures, which contributed ₹2,214 crore, and a 6% increase in earnings from subsidiaries, totaling ₹4,139 crore. These figures highlight NTPC’s steady profitability and strategic gains across its business segments.
NTPC continues to maintain its leadership position in the power sector, driven by targeted investments and a strong focus on operational excellence. The company’s thermal power stations remained highly efficient, with coal-based plants achieving a Plant Load Factor (PLF) of 77.44% in FY25—the highest in the past seven years. This performance notably outpaced the average PLF of 67.23% for other coal-based power plants across India, reinforcing NTPC’s role as a benchmark setter in the industry.
