Indian companies faced a decline in interest coverage ratio to 4.8% in the September quarter. This was due to rising interest costs and slower growth in operating profit. Interest costs surged by 7.2% year-on-year, while revenue growth slowed down to 4.9%. Higher working capital requirements and increased borrowings further impacted the ratio.
NTPC Q1 Results: Cons PAT rises 11% YoY to Rs 6,108 crore, revenue falls 3%
NTPC reported an 11% YoY rise in Q1FY26 net profit to Rs 6,108 crore, despite a 3% decline in revenue. Profit and revenue fell sequentially.