Public sector NLC India Ltd has recorded a marginal rise in net profit for the April-June 2018 quarter at Rs 319.63 crore from Rs 316.09 crore registered in the year ago period.
The Tamil Nadu-based lignite producer had clocked net profit at Rs 1,897.81 crore for year ending March 31, 2018.
Total income for the quarter under review slipped to Rs 1,841.11 crore from Rs 2,336.00 crore.
The company attributed the reduction in the revenue due to 'non-applicability of Clean Energy Cess' after introduction of Goods and Services Tax "both having no impact on bottom line."
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