NTPC Revenue History — Quarter by Quarter

NTPC's revenue moved from ₹44,983 Cr in Q2 FY24 to ₹45,846 Cr in Q3 FY26, a 1.9% change over 8 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

Quarter	Revenue (₹ Cr)	YoY Change
Q3 FY26	₹45,846 Cr	—
Q2 FY26	₹44,786 Cr	—
Q4 FY25	₹49,834 Cr	+5%
Q3 FY25	₹45,069 Cr	—
Q2 FY25	₹44,706 Cr	—
Q4 FY24	₹47,628 Cr	—
Q3 FY24	₹42,820 Cr	—
Q2 FY24	₹44,983 Cr	—

What management said about revenue

Q3 FY26 · Renewable capacity addition target FY26: 5 GW

NGEL targets 5 GW renewable capacity addition in FY26, with 2.5 GW expected in the next two months.

Q3 FY26 · Renewable capacity addition target FY27: 8 GW

NGEL targets 8 GW capacity addition in FY27, with work already commenced on various plants.

Q3 FY26 · Thermal capacity addition: 6.5 GW over 3 years

NTPC plans to add 6.5 GW of thermal capacity over FY26-28, including 2,780 MW in FY26, 1,600 MW in FY27, and 2,120 MW in FY28.

Q2 FY26 · Capacity addition target of 9,844 MW for FY26

Management confirmed on track to add 9,844 MW in FY26, with 5,359 MW already added in 7 months.

Q2 FY26 · Long-term capacity target of 244 GW by 2037

Revised target from 130 GW to 149 GW by 2029 and 244 GW by 2037, requiring INR 7 lakh crore capex by 2032.

Q4 FY25 · FY26 group capacity addition target of 11,806 MW

Includes 3,518 MW thermal, 1,000 MW hydro, and 7,226 MW renewable. Standalone adds 2,019 MW.

Q4 FY25 · FY27 group capacity addition target of 9,904 MW

Comprises 1,460 MW thermal, 444 MW hydro, and 8,000 MW renewable.

Q4 FY25 · Captive coal production target of 45 MMT in FY26

Rising to 56 MMT and 60 MMT in subsequent years, with ~7% CAGR.

Q3 FY25 · FY25 capacity addition target of 6,976 MW

Includes 2,780 MW thermal, 250 MW hydro, and 3,946 MW renewable across group.

Q3 FY25 · NGEL capacity addition: 5 GW in FY26, 8 GW in FY27

Renewable capacity additions guided for NTPC Green Energy Ltd.

Q2 FY25 · RE capacity addition of 3 GW in FY25, 5 GW in FY26, 8 GW in FY27

NTPC Green Energy will add 3 GW renewable capacity in FY25, 5 GW in FY26, and 8 GW in FY27, targeting 60 GW by FY32.

Q2 FY25 · Thermal capacity awards of 13.6 GW by FY27

8.8 GW already bid out (award by Dec 2024), balance 4.8 GW in next two months; total 13.6 GW thermal capacity to be awarded by FY27.