NTPC profit leads green energy arm in Q2 comparison
NTPC reported Q2 FY27 net profit of ₹7,029.56 cr, up 38.7% year on year, while NTPC Green Energy posted ₹137.50 cr, up 59%. OI Charts data showed short covering in NTPC futures ahead of the 2 Nov market reaction.
pre-market1 source ↓machine-written, see hownot a recommendation
- NTPC close
- ₹316.25
- On the day
- +1.85%
- Futures OI, short covering
- -0.3%
- Put-call ratio
- 0.88
- Max pain
- ₹312.50
NTPC reported a consolidated net profit of ₹7,029.56 cr for Q2 FY27, up 38.7% year on year from ₹5,066.78 cr. Profit also increased from ₹6,721.05 cr in Q1 FY27. Its renewable-energy subsidiary, NTPC Green Energy, reported net profit of ₹137.50 cr, a 59% rise from ₹86.38 cr in the year-earlier quarter. ⚡
The comparison shows a clear difference in scale, while the subsidiary delivered faster profit growth. The available report excerpt does not provide comparable revenue, EBITDA or dividend figures, so those parts of the Q2 comparison remain unquantified. Both businesses remain linked to India’s power expansion, but their earnings profiles differ: the parent has a large established generation base, while the subsidiary is more directly exposed to renewable-capacity additions and execution.
Key points:
• NTPC profit ₹7,029.56 cr in Q2 FY27, representing 38.7% YoY growth.
• NTPC Green Energy profit growth 59%, although its quarterly profit was ₹137.50 cr against the parent’s ₹7,029.56 cr.
• OI Charts data showed the parent at ₹316.25 on 30 Oct 2026, up 1.85% for the session, with volume of 15,452,171 shares. The stock gained 4.4% over five sessions but remained down 1.5% over 20 sessions.
• Futures open interest declined 0.3% alongside the price rise, indicating short covering. The futures traded at a 0.85% discount to the underlying, while the put-call ratio stood at 0.88. Max pain for the 23 Nov 2026 expiry was ₹312.50; the largest call open interest was at ₹320 and the largest put open interest at ₹400.
• NTPC Green Energy closed at ₹82.44, down 1.78% on 30 Oct. It was down 1.9% over five sessions and 10.6% over 20 sessions, despite the reported profit growth. 📉
Investors will watch the market response on 2 Nov 2026, when both results are set to be reflected in trading. For the parent, ₹312.50 and ₹320 are the immediate derivatives reference points, while the subsidiary’s recent weakness will be assessed against its stronger year-on-year profit growth. Revenue, EBITDA and dividend disclosures remain the next details needed for a complete comparison. 💼
Source: TradingView, 31 Oct 2026
Not investment advice. For informational purposes only.