NTPC Q2 profit marginally down YoY at Rs 2,445 crore; but meets Street estimates
ETMarkets.com|
Updated: Nov 13, 2017, 02.38 PM IST
NEW DELHI: NTPC on Monday reported a marginal fall in net profit at Rs 2,444.80 crore, which was largely in line with Rs 2,482 crore profit estimated by analysts in an ET Now poll.
The company had reported a net profit of Rs 2,469.47 crore in the corresponding quarter last year.
Revenue for operations rise to Rs 19,698.75 crore for the quarter, compared with Rs 19,397.94 crore in the year-ago quarter.
The company said its installed capacity at group level stood at 51,708 MW of September quarter, up 4,480 MW from the 47,228 MW in the June quarter. Average tariff for the first half of the ongoing financial year stood at Rs 3.21 per kWh, the company said in a BSE filing.
The company had reported a net profit of Rs 2,469.47 crore in the corresponding quarter last year.
Revenue for operations rise to Rs 19,698.75 crore for the quarter, compared with Rs 19,397.94 crore in the year-ago quarter.
The company said its installed capacity at group level stood at 51,708 MW of September quarter, up 4,480 MW from the 47,228 MW in the June quarter. Average tariff for the first half of the ongoing financial year stood at Rs 3.21 per kWh, the company said in a BSE filing.
