Latest News | NTPC Q1 Profit Grows 12 Pc to over Rs 5,500 Cr

Get latest articles and stories on Latest News at LatestLY. State-owned NTPC on Saturday posted 12 per cent rise in consolidated net profit at Rs 5,506.07 crore for the June quarter, mainly on the back of higher income.

New Delhi, Jul 27 (PTI) State-owned NTPC on Saturday posted 12 per cent rise in consolidated net profit at Rs 5,506.07 crore for the June quarter, mainly on the back of higher income.

In the year-ago period, its net profit stood at Rs 4,907.13 crore, the company said in an exchange filing.

Also Read | Shillong Teer Results Today, July 27 2024: Know Winning Numbers, Result Chart for Shillong Morning Teer, Shillong Night Teer, Khanapara Teer, Juwai Teer and Jowai Ladrymbai.

Total income rose to Rs 48,981.68 crore from Rs 43,390.02 crore in the same period a year ago.

Expenses stood at Rs 41,844.18 crore against Rs 36,963.61 crore a year ago.

Also Read | What Is Satellite-Based Toll Collection System, How Will It Be Different From FASTag? Here's All You Need To Know.

NTPC's consolidated power generation rose to 114 billion units (BUs) in Q1 FY25 from 104 billion units in Q1 FY24.

On standalone basis, the company reported a net profit of Rs 4,511 crore, around 11 per cent higher as against Rs 4,066 crore in the year-ago period.

Total income was at Rs 45,053 crore as against Rs 39,681 crore in April-June 2023-24.

The company's standalone power generation was at 98 billion units, higher from 88 billion units in the year-ago period.

NTPC coal stations achieved a plant load factor of 80.39 per cent during Q1 FY25 as against the national average of 76.19 per cent.

Under Ministry of Power, NTPC is India's largest power generation company having an installed capacity of 76 gigawatt.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Share Now

Share Now