NTPC Fourth Quarter Net Profit Jumps 41 Per Cent To Rs 2,926 crore

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(PTI)

State-run power major NTPC today posted a 40.69 per cent jump in its standalone net profit at Rs 2,925.59 crore for the March 2018 quarter, mainly on the back of higher revenues. The company’s standalone net profit was Rs 2,079.40 crore in the corresponding quarter a year ago, NTPC said in a BSE filing. Its total income on standalone basis stood at Rs 2,3617.83 crore in Q4 of 2017-18, against Rs 20,886.85 crore a year ago.

For the entire 2017-18 fiscal, its consolidated net profit came in at Rs 10,501.50 crore, marginally down from Rs 10,713.94 crore in the previous fiscal. On a consolidated basis, its total income for the fiscal stood at Rs 89,641.59 crore as against Rs 83,009.31 crore in 2016-17.

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