NTPC s Q1 standalone net profit down 1.15%
Saturday - July 28, 2018 6:52 pm ,
Category : BUSINESS
Mumbai July 28 (IANS) Power utility major NTPC on Saturday reported a fall of 1.15 per cent in its standalone net profit for the first quarter of 2018-19.
According to the company net profit during the quarter under review fell to Rs 2 588.14 crore from Rs 2 618.17 crore reported for the corresponding period of previous fiscal.
However the power producer s income from operations rose by 14.21 per cent to Rs 22 703.60 crore from Rs 19 879.32 crore earned during the previous corresponding period.
"For Q1 FY 2018-19 NTPC Ltd. generated 69.21 billion units against 64.41 billion units generated in the corresponding previous quarter registering an increase of 7.45 per cent " the company said in a statement.
"The generation during Q1 FY 2018-19 is the highest quarterly generation surpassing previous highest quarterly generation of 68.56 billion units during Q4 FY 2017-18."
--IANS rv/vm
According to the company net profit during the quarter under review fell to Rs 2 588.14 crore from Rs 2 618.17 crore reported for the corresponding period of previous fiscal.
However the power producer s income from operations rose by 14.21 per cent to Rs 22 703.60 crore from Rs 19 879.32 crore earned during the previous corresponding period.
"For Q1 FY 2018-19 NTPC Ltd. generated 69.21 billion units against 64.41 billion units generated in the corresponding previous quarter registering an increase of 7.45 per cent " the company said in a statement.
"The generation during Q1 FY 2018-19 is the highest quarterly generation surpassing previous highest quarterly generation of 68.56 billion units during Q4 FY 2017-18."
--IANS rv/vm
