NTPC Green Energy shares experienced a 4% decline on Monday, reaching an intraday low of ₹100.31, following the announcement of a 15% year-on-year decrease in consolidated net profit for the March quarter. The company's profit after tax (PAT) for Q4FY26 was ₹197 crore, down from ₹233 crore in the same quarter last year, despite a substantial revenue increase of 47% to ₹913 crore. This revenue growth reflects strong operational performance across its renewable energy portfolio. However, the surge in total expenses, which rose 60% year-on-year to ₹713 crore, significantly impacted profitability. Major contributors to the rising costs included higher employee benefit costs and finance expenses. On a sequential basis, the company showed a remarkable recovery, with PAT soaring over 11 times compared to the previous quarter. Despite the profit drop, the stock remains of interest to domestic institutional investors, with mutual funds increasing their holdings from 3.43% to 3.81%. Currently, NTPC Green Energy has a market capitalization of ₹88,813 crore.