Business Corner

NLCIL NETS Rs 319.63 Cr In Q1/2018-19

Lignite production in the current quarter (Q1) is 36.21 lakh tonnes (LT) compared to 37.91 LT in the corresponding quarter of previous year. Lignite production was restricted to liquidate the opening stock. Power generation in the current quarter is 4883.91 million units (MU) as against 5275.52 MU in the corresponding quarter of the previous year. Lower power generation is mainly due to preponement of major overhauling of two thermal units in current quarter.

Profit for the current quarter is Rs 319.63 crore compared to Rs 316.09 crore in the corresponding quarter of previous year and registered a growth of 1.12% over the corresponding quarter of previous year.