NTPC profit jumps nearly 49% to ₹4,350 crore in March quarter
New Delhi: State-run power giant NTPC Saturday posted a 48.7 per cent jump in its standalone net profit at ₹4,350.32 crore for the March quarter compared to the year-ago period mainly on the back of lower expenses.
The company’s standalone net profit in January-March 2018 was ₹2,925.59 crore, an NTPC statement said.
The company’s total income slipped to ₹22,545.61 crore in the March quarter from 23,617.83 crore year ago. Expenses also decline to ₹19,008.44 crore in the quarter from ₹20,229.26 crore.
For 2018-19, standalone net profit rose by 13.60 per cent to ₹11,749.89 crore compared to ₹10,343.17 crore in the previous year. Total income was ₹92,179.56 crore in 2018-19, up from ₹85,207.95 crore during the previous year.
