NTPC Net Profit Rises 17% To Rs 3,444 Crore In April-June Quarter

NTPC Net Profit Rises 17% To Rs 3,444 Crore In June Quarter

NTPC Q1 Results: Net revenue rose almost 17 per cent year-on-year

NTPC Q1 FY22 Results: The nation's largest energy utility reported a 17 per cent rise in internet revenue to Rs 3443.72 crore on a consolidated foundation for the April-June quarter within the monetary yr 2021-22, in comparison with Rs 2,948.94 crore within the year-ago interval.

NTPC Q1 Results: Here's All You Need To Know

NTPC Limited introduced its April-June quarter outcomes for the monetary yr 2021-22 on Saturday, July 31, and the comppany's internet revenue within the first quarter of the present fiscal rose 16.77 per cent year-on-year pushed by development within the firm's revenues.
The firm's income from operations within the June quarter stood at Rs 29,888.02 crore, in comparison with Rs 26,194.76 crore in the identical quarter final yr, marking a development of 14 per cent year-on-year.
Earlier often called National Thermal Power Corporation Limited, the state-run electrical utility firm's whole earnings within the June quarter stood at Rs 30,390.60 crore, in comparison with Rs 26,794.68 crore, registering a development of 13.42 per cent year-on-year.
NTPC's gross energy era within the June quarter stood at 71.74 billion items, in comparison with 60.18 billion items within the year-ago interval.
The firm's home coal provide (for its vegetation) within the June quarter was at 45.81 million tonnes, up from 40.19 million tonnes within the corresponding quarter final yr.
NTPC's board of administrators accepted a fundraising proposal of as much as Rs 18,000 crore via personal placement within the home market, in line with a regulatory submitting by the corporate to the inventory exchanges at the moment.
Recently, NTPC Renewable Energy Limited - the corporate's inexperienced power subsidiary invited bids to determine the nation's first 'inexperienced' hydrogen fuelling station in Leh, for which the sale of bid paperwork started at the moment - July 31.
NTPC's plant load issue or the capability utilisation of coal-based energy vegetation additionally grew 69.68 per cent within the June quarter, up from 68.22 per cent within the corresponding interval final yr.
The common energy tariff of the corporate was Rs 3.73 per unit within the April-June quarter, in comparison with Rs 3.98 per unit within the year-ago interval.
On Friday, July 30, shares of NTPC Limited settled 1.24 per cent increased at Rs 118.20 apiece on the BSE.