NTPC says Q4 net up 38%

NTPC says Q4 net up 38%

Mumbai: Top power utility NTPC Ltd on Tuesday said its fiscal fourth-quarter net profit rose 37.8% from a year earlier to 2,780 Crore.

Net sales for the quarter ended March rose 25.6% to 15,52o crore.

The state-run firm had earlier reported a provisional net profit of 2,505 crore on provisional sales of 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.