NTPC Q3 results: Profit jumps 22.6% to Rs 3\,198 crore; margin expands 280 bps

NEW DELHI: State-run NTPC on Friday reported a 22.60 per cent year-on-year (YoY) rise in net profit at Rs 3,197.73 crore for the December quarter compared with Rs 2,608.18 crore in the same quarter last year.

The profit figure beat an ET NOW analyst poll estimate of Rs 2,950 crore.

Revenue from operations fell 0.30 per cent YoY to Rs 25,412.39 crore compared with Rs 25,491.04 crore in the year-ago quarter. The number came in much higher than Rs 23,550 crore estimated by ET NOW poll.

Ebitda for the quarter at Rs 7,593 crore was higher than Rs 6,901.90 crore in the same quarter last year.

Consolidated margin for the quarter expanded 280 basis points to 29.9 per cent compared with 27.1 per cent in the year-ago quarter

Earlier, rose 3.3 per cent to settle at Rs 115.70 on BSE. The quarterly results came after market hours and, hence, they are likely to influence the stock movement on Monday.