Companies

NTPC profit rises 27 per cent to ₹3,145 cr in Q1

?OUR BUREAU New Delhi | Updated on July 31, 2021

NTPC's gross power generation in the June quarter was 71.74 billion units

NTPC Ltd on Saturday reported a 27 per cent increase in its net profit for the first quarter ended June 30, 2021 at ₹ 3,145.63 crore (₹ 2,470.16 crore).

However, net profit declined 26 per cent sequentially for the quarter under review as compared to net profit of ₹ 4,649 crore recorded in January-March 2021.

For Q1 FY22, the total income was ₹ 26,802.25 crore, up 11.58 per cent over total income of ₹ 24,021.00 crore recorded in Q1 FY21.

NTPC Board on Saturday gave its nod for fund raising of upto ₹ 18,000 crore via Non Convertible Debentures (NCDs). The NCDs will be raised through private placement in domestic market within the next one year, the company said in a filing with the stock exchanges. 

Meanwhile, on a standalone basis, the gross generation of NTPC for Q1 FY22 was 71.75 billion units as against 60.19 billion units in the same quarter of the last year.  For Q1 FY22, NTPC group has recorded gross generation of 85.81 billion units as against 67.94 billion units during the previous quarter of last year. Also, the coal stations achieved a plant load Factor of 69.68 per cent as against National average of 58.50 per cent with an availability factor of 93.68 per cent.

 

Published on July 31, 2021

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