NTPC Green Energy reported strong Q1 consolidated financials: revenue reached ₹680.21 Cr, with Profit After Tax at ₹220.48 Cr.

The company utilized ₹4,150 Cr from its IPO proceeds for subsidiary debt repayment and ₹2,446.49 Cr for general corporate purposes, with no reported deviation in fund use.

A notable ₹3,350 Cr remains unutilized and deposited in banks, generating interest income.

Development for a Green Hydrogen Hub in Andhra Pradesh is underway, with leasehold land secured and asset amortization commenced, though the project plan remains under evaluation.