The latest financial results for NTPC Green Energy Ltd reveal a complex performance landscape for Q3 FY26. The company reported a net profit of ₹87.59 crores, which reflects a significant year-on-year increase of 130.26%, but a notable sequential decline of 60.27%. This decline in profitability can be attributed to rising financial costs, particularly interest expenses, which increased to ₹206.93 crores, alongside a rise in depreciation charges to ₹261.35 crores.
Net sales for the quarter amounted to ₹612.29 crores, marking a year-on-year growth of 21.52%. However, this figure represents a sequential decrease of 9.99%, indicating challenges in maintaining revenue momentum on a quarter-to-quarter basis. The operating margin, while still high at 86.49%, contracted from the previous quarter, suggesting some loss in operational efficiency.
On a broader scale, the nine-month performance leading up to Q3 FY26 s...
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