State-run power giant NTPC on Saturday reported an over 7 per cent dip in its consolidated net profit at Rs 3,417.67 crore for the September quarter, mainly due to higher expenses.
The consolidated net profit of the company stood at Rs 3,690.95 crore in the quarter ended September 30, 2021, it said in a BSE filing.
Total income rose to Rs 44,681.50 crore in the quarter from Rs 33,095.67 crore in the year-ago period.
Total expenses jumped to Rs 40,000.99 crore in the second quarter of this fiscal from Rs 28,949.53 crore earlier.
Average power tariff of the company during April to September this year was at Rs 4.77 per unit, compared to Rs 3.86 per unit in the same period in 2021.