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NTPC says Q4 net up 38%

NTPC says Q4 net up 38%
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First Published: Tue, May 10 2011. 03 38 PM IST
Updated: Tue, May 10 2011. 03 38 PM IST
Mumbai: Top power utility NTPC Ltd on Tuesday said its fiscal fourth-quarter net profit rose 37.8% from a year earlier to Rs 2,780 Crore.
Net sales for the quarter ended March rose 25.6% to Rs 15,52o crore.
The state-run firm had earlier reported a provisional net profit of Rs 2,505 crore on provisional sales of Rs 14,49o crore.
The company, which accounts for a quarter of India’s generation capacity, had earlier said it plans to add 4,320 megawatts of capacity in the financial year ending March 2012.
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First Published: Tue, May 10 2011. 03 38 PM IST