{"id":359937,"date":"2020-06-29T10:35:17","date_gmt":"2020-06-29T05:05:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=359937"},"modified":"2020-06-29T10:35:17","modified_gmt":"2020-06-29T05:05:17","slug":"ntpcs-falling-cost-under-recoveries-capacity-additions-brighten-outlook","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpcs-falling-cost-under-recoveries-capacity-additions-brighten-outlook\/","title":{"rendered":"NTPC&#8217;s falling cost under-recoveries, capacity additions brighten outlook"},"content":{"rendered":"<p>MUMBAI: NTPC Ltd has reported better-than-expected performance for the March quarter. Revenue grew 28% reflecting better realizations.<\/p>\n<p>Reported profit plunged 71% from the year ago quarter as the company incurred additional expense towards settling tax disputes. Adjusted for this, net profit would have fallen just 0.5%, point out analysts.<\/p>\n<p>\u201cNTPC did a one-time settlement of Rs2,700 crore on past taxation cases, of which Rs1,800 crore is recoverable in tariffs and Rs900 crore is not,&#8221; analysts at Jefferies India Pvt Ltd said in a note.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: NTPC Ltd has reported better-than-expected performance for the March quarter. Revenue grew 28% reflecting better realizations. Reported profit plunged 71% from the year ago quarter as the company incurred additional expense towards settling tax disputes. Adjusted for this, net profit would have fallen just 0.5%, point out analysts. \u201cNTPC did a one-time settlement of Rs2,700 crore on past taxation cases, of which Rs1,800 crore is recoverable in tariffs and Rs900 crore is not,&#8221; analysts at Jefferies India Pvt Ltd said in a note.<\/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-359937","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\/359937","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=359937"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/359937\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=359937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=359937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=359937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}