Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / News/  NTPC net profit up 6% at 2,840 crore in June quarter
BackBack

NTPC net profit up 6% at ₹2,840 crore in June quarter

Total income on a consolidated basis rose to ₹26,272.24 crore in June quarter
  • NTPC Group's total installed capacity increased to 55,126 MW as on June 30, 2019
  • Photo: BloombergPremium
    Photo: Bloomberg

    New Delhi: State-owned power giant NTPC on Saturday posted a 5.63 per cent rise in its consolidated net profit to 2,840.28 crore in the June 2019 quarter.

    It's net profit was 2,688.96 crore in the corresponding period a year ago, the company said in a BSE filing.

    Total income on a consolidated basis rose to 26,272.24 crore in the said quarter from 24,148.50 crore a year ago.

    Gross power generation of the NTPC Group for the April-June 2019 was 76.63 billion units (BUs) as against 76.92 BUs in the same period of 2018. The average power tariff of the firm was 3.63 per unit in the quarter under review.

    The company's plant load factor or capacity utilisation (PLF) of coal-based projects dropped to 73.91 per cent in the June 2019 quarter from 77.98 per cent a year earlier.

    Its domestic coal supply dipped to 42.28 million tonne in the April-June period from 43.04 million tonne a year ago.

    Coal imports by the company went up slightly to 0.89 million tonne in the said quarter from 0.09 million tonne a year ago.

    NTPC Group's total installed capacity increased to 55,126 MW as on June 30, 2019, from 53,156 MW as on June 30 of the previous year.

    Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

    This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

    Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
    More Less
    Published: 10 Aug 2019, 04:40 PM IST
    Next Story footLogo
    Recommended For You
    Switch to the Mint app for fast and personalized news - Get App

    Chat with MintGenie