{"id":300550,"date":"2019-11-13T11:15:43","date_gmt":"2019-11-13T05:45:43","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=300550"},"modified":"2019-11-13T11:15:43","modified_gmt":"2019-11-13T05:45:43","slug":"ntpcs-withstands-demand-slowdown-better-but-pressure-points-remain","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpcs-withstands-demand-slowdown-better-but-pressure-points-remain\/","title":{"rendered":"NTPCs withstands demand slowdown better but pressure points remain"},"content":{"rendered":"<p>Mumbai: After successive quarters of earnings misses, NTPC Ltd impressed the Street with strong profit for the September quarter. The stock gained 2% in Monday morning trade. Net earnings jumped 34.5% as the company benefited from levies on payment delays from customers &#8212; power distribution companies. Adjusted for the surge in other income, standalone net profit grew 6.9% which is decent considering the constrained revenue growth.<\/p>\n<p>Revenues grew a mere 2.3%, weighed down by 7% fall in generation. In this backdrop, the performance looks decent. \u201cAdjusted for ~ \u20b9900 crore of treasury income we estimate core project level profit of ~ \u20b92,600 crore. This profit on a regulated equity base of \u20b953,200 crore translates into core project return on equity of ~20%,&#8221; analysts at SBICAP Securities Ltd said in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: After successive quarters of earnings misses, NTPC Ltd impressed the Street with strong profit for the September quarter. The stock gained 2% in Monday morning trade. Net earnings jumped 34.5% as the company benefited from levies on payment delays from customers &#8212; power distribution companies. Adjusted for the surge in other income, standalone net profit grew 6.9% which is decent considering the constrained revenue growth. Revenues grew a mere 2.3%, weighed down by 7% fall in generation. In this backdrop, the performance looks decent. \u201cAdjusted for ~ \u20b9900 crore of treasury income we estimate core project level profit of [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-300550","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=300550"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300550\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=300550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=300550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=300550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}