NTPC posts 4% rise in Q1 profit at Rs 2,369 crore, with total income up 11%

NTPC posts 4% rise in Q1 profit at Rs 2,369 crore, with total income up 11%

NTPC posts 4% rise in Q1 profit at R 2,369 crore, with total income up 11%

On the back of surge in power generation, India’s largest power producer, NTPC Ltd has announced a 4% increase in its net profit at Rs 2,370 crore for the first quarter (April to June) of the current financial year as against Rs 2,277 crore for the same period last fiscal.

The company’s total income increased by 11% in the first quarter of 2016-17 at Rs 19,221 crore as against Rs 17,334 crore in the corresponding period of the previous fiscal.

For the Q1 of FY 2016-17, NTPC Ltd. generated 64.555 Billion Units against 58.697 Billion Units generated in the corresponding period of the previous year, an increase of about 10%.

NTPC has an installed capacity of 47,228 MW. For the Q1 FY 2016-17, NTPC Coal stations achieved PLF of 81.35% as against National PLF of 63.56%.