NTPC Q1 net profit up 0.57% at Rs 2602.79 cr
10/08/2019 16:00
The company reported standalone net profit of Rs 2,602.79 crore for the quarter ended June 30, 2019 as compared to Rs 2588.14 crore in the same period last year, registering a year-on-year growth of 0.57 per cent.

Net revenue of the company rose moderately by 6.56 per cent at Rs 24,192.59 crore in April-June quarter of this fiscal as against Rs 22,703.60 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 5.92 per cent to Rs 17,740.21 crore from Rs 16,748.77 crore in year ago period.

Other Income grew by 139.20 per cent at Rs 326.22 crore versus (Jun'18 Rs 136.38 crore).

Operating Profit surged by 8.36 per cent to Rs 6,452.38 crore as against Rs 5,954.83 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.68 per cent in June quarter.

Interest grew by 28.31 per cent y-o-y to Rs 1,565.26 crore, while Taxation increased by 83.54 per cent at Rs 1,070.21 crore (Jun'18 Rs 583.10 crore).