NTPC Net Profit Rises 17% To Rs 3,444 Crore In June Quarter
- NTPC Limited announced its April-June quarter results for the financial year 2021-22 on Saturday, July 31, and the comppany's net profit in the first quarter of the current fiscal rose 16.77 per cent year-on-year driven by growth in the company's revenues.
- The company's revenue from operations in the June quarter stood at Rs 29,888.02 crore, compared to Rs 26,194.76 crore in the same quarter last year, marking a growth of 14 per cent year-on-year.
- Earlier known as National Thermal Power Corporation Limited, the state-run electrical utility company's total income in the June quarter stood at Rs 30,390.60 crore, compared to Rs 26,794.68 crore, registering a growth of 13.42 per cent year-on-year.Â
- NTPC's gross power generation in the June quarter stood at 71.74 billion units, compared to 60.18 billion units in the year-ago period.Â
- The company's domestic coal supply (for its plants) in the June quarter was at 45.81 million tonnes, up from 40.19 million tonnes in the corresponding quarter last year.
- NTPC's board of directors approved a fundraising proposal of up to Rs 18,000 crore through private placement in the domestic market, according to a regulatory filing by the company to the stock exchanges today.Â
- Recently, NTPC Renewable Energy Limited - the company's green energy subsidiary invited bids to establish the country's first 'green' hydrogen fuelling station in Leh, for which the sale of bid documents began today - July 31.
- NTPC's plant load factor or the capacity utilisation of coal-based power plants also grew 69.68 per cent in the June quarter, up from 68.22 per cent in the corresponding period last year.
- The average power tariff of the company was Rs 3.73 per unit in the April-June quarter, compared to Rs 3.98 per unit in the year-ago period.
- On Friday, July 30, shares of NTPC Limited settled 1.24 per cent higher at Rs 118.20 apiece on the BSE.
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