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NTPC Q3 PAT rises 22.6% to Rs 3197.73 cr

Capital Market 

On a consolidated basis, NTPC reported a 22.6% rise in net profit to Rs 3197.73 crore in Q3 December 2019 over Q3 December 2018.

Revenue from operations in Q3 December 2019 declined 0.31% to Rs 25412.39 crore, from Rs 25491.04 crore in the corresponding period last year.

Profit before tax (PBT) for Q3 December 2019 stood at Rs 3672.94 crore, down by 1.34% from Rs 3722.76 crore in Q3 December 2018. Tax expenses declined 12.33% to Rs 696.63 crore year-on-year (YoY).

NTPC group's total installed capacity increased to 58,156 MW as on 31 December 2019 as against 53,166 MW as on 31 December 2018. The group's commercial capacity increased by 4740 MW to 56,446 as on 31 December 2019 compared with 51706 MW as on 31 December 2018.

Shares of NTPC closed 3.3% higher to Rs 115.70, on Friday, 7 February 2020.

NTPC's principal business activity is electric power generation by coal-based thermal power plant. The company's business segments include generation and others. The Government of India holds 54.14% stake in NTPC as of 30 June 2019.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 10 2020. 08:58 IST