NTPC Q4 net profit declines 70% to ₹1,523 cr on higher tax provision
State-run power major NTPC on Saturday reported over 70 per cent decline in its consolidated net profit at ₹1,523.77 crore in the March quarter mainly due to higher tax provision under the ‘Vivad Se Vishwas’ scheme.
The consolidated net profit of the company stood at ₹5,161.39 crore for the corresponding quarter last fiscal, a regulatory filing said.
Total income was ₹31,315.32 crore in the period under review, compared to ₹26,116.15 crore in the year-ago period.
