NTPC Green Energy Ltd's Q3FY25 Quarter Results
- 26 Jan 2025
Result Summary
- NTPC Green Energy Ltd reported a 10.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 25.5%.
- Its expenses for the quarter were up by 4.6% QoQ and 25.8% YoY.
- The net profit increased 78.8% QoQ and increased 18.0% YoY.
- The earnings per share (EPS) of NTPC Green Energy Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 581.46 | 525.32 | 463.46 | 10.7% | 25.5% |
Total Expenses | 482.22 | 461.01 | 383.28 | 4.6% | 25.8% |
Profit Before Tax | 99.24 | 64.31 | 80.18 | 54.3% | 23.8% |
Tax | 33.63 | 26.24 | 24.57 | 28.2% | 36.9% |
Profit After Tax | 65.61 | 36.69 | 55.61 | 78.8% | 18.0% |
Earnings Per Share | 0.10 | 0.10 | 0.10 | 0.0% | 0.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
NTPC Green Energy Ltd is a prominent player in the renewable energy sector, primarily focusing on the generation and sale of green energy. The company operates in the energy industry and is a subsidiary of NTPC Limited, which is a major energy conglomerate in India. NTPC Green Energy Ltd is committed to expanding its renewable energy portfolio with a focus on solar and wind projects, aligning with global sustainable development goals. Recently, the company has been actively involved in increasing its capacity and investing in new renewable energy projects to meet the growing demand for clean energy.
Revenue
For the third quarter of fiscal year 2025, NTPC Green Energy Ltd reported a total income of ₹581.46 crores. This represents a quarter-over-quarter increase of 10.7% from ₹525.32 crores in the second quarter of fiscal year 2025. Compared to the same quarter in the previous year, Q3FY24, the revenue grew by 25.5% from ₹463.46 crores. This growth indicates a robust increase in the company's revenue stream over both the recent quarter and the past year, reflecting its expansion efforts and potential increase in market demand for its renewable energy products and services.
Profitability
The profitability metrics for NTPC Green Energy Ltd in Q3FY25 showed significant improvements. The profit before tax reached ₹99.24 crores, marking a 54.3% increase from the previous quarter's ₹64.31 crores and a 23.8% rise from Q3FY24's ₹80.18 crores. After accounting for tax expenses of ₹33.63 crores, which increased by 28.2% QoQ and 36.9% YoY, the profit after tax was ₹65.61 crores. This represented a substantial 78.8% increase from the previous quarter's ₹36.69 crores and an 18.0% increase from the same period last year, Q3FY24's ₹55.61 crores. Earnings per share remained constant at ₹0.10 across all periods.
Operating Metrics
The company's operating metrics reflect a careful balance between income growth and expense management. Total expenses for Q3FY25 amounted to ₹482.22 crores, which is a 4.6% increase from the previous quarter's ₹461.01 crores and a 25.8% increase from Q3FY24's ₹383.28 crores. Despite the rise in expenses, the company's strategic focus on expanding its renewable energy projects and enhancing operational efficiency has contributed to an improved profit margin. The consistent earnings per share indicate stable shareholder value across the quarters. The significant increase in profitability metrics, alongside controlled expense growth, highlights the company's operational resilience and resource management in a competitive market.
