NTPC Q2 profit slips 8 pc to Rs 3,495 cr

By: |
November 2, 2020 5:34 PM

Total income rose to Rs 28,677.64 crore in the quarter from Rs 26,568.62 crore a year ago. Gross power generation of NTPC Group in July-September 2020-21 was 67.67 billion units (BUs) as against 61.64 BUs in the same period last fiscal.

NTPCNTPC’s total income increased from Rs 23,658 crore in the previous year to Rs 26,023 crore.

NTPC on Monday reported 7.7 per cent decline in consolidated net profit at Rs 3,494.61 crore for September quarter mainly due to higher expenses. Its net profit was Rs 3,788.11 crore in the second quarter of 2019-20, NTPC said in a BSE filing.

Total income rose to Rs 28,677.64 crore in the quarter from Rs 26,568.62 crore a year ago. Gross power generation of NTPC Group in July-September 2020-21 was 67.67 billion units (BUs) as against 61.64 BUs in the same period last fiscal.

The average power tariff of the firm was Rs 3.86 per unit in the first half of this fiscal. The company’s plant load factor (PLF) or capacity utilisation of coal-based projects was 64.27 per cent in the quarter under review as compared to 64.28 per cent a year ago.

Its domestic coal supply rose to 38.31 million tonne in the quarter from 36.13 million tonne in the year-ago period.
Coal imports by the company dipped to 0.15 million tonne from 0.62 million tonne a year ago.

The gas consumption increased to 5.66 MMSCMD (million metric standard cubic meter per day) from 3.05 MMSCMD.

Its gas-based projects’ PLF also rose to 26.24 per cent in the second quarter from 13.13 per cent a year ago. NTPC Group’s total installed capacity increased to 62,910 MW as on September 30, 2020, from 57,106 MW by the year-ago same period.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Bankers say rates to not drop any further
2ONGC Videsh strikes commercial oil in Colombia block
3Tata Power wins two more Odisha discoms