Ntpc’s Q1 Profit Rises 17% To Rs 3,443 Crore On Higher Revenues

State-owned energy large NTPC on Saturday posted an almost 17 per cent rise in consolidated internet revenue to Rs 3,443.72 crore for the April-June quarter on the again of upper revenues.

State-owned energy large NTPC on Saturday posted an almost 17 per cent rise in consolidated internet revenue to Rs 3,443.72 crore for the April-June quarter on the again of upper revenues.

The consolidated internet revenue of the corporate within the quarter ended on June 30, 2020, was Rs 2,948.94 crore, a BSE submitting mentioned.

Total revenue within the quarter beneath assessment rose to Rs 30,390.60 crore from Rs 26,794.68 crore in the identical interval of the final 12 months.

NTPC’s gross energy technology within the June quarter was 71.74 billion items in comparison with 60.18 billion items (BU) in the identical interval a 12 months in the past.

Its home coal provide (for its vegetation) within the June quarter stood at 45.81 million tonnes, up from 40.19 million tonnes in the identical interval a 12 months in the past.

Its coal manufacturing (from captive mines) within the June quarter stood at 2.46 million tonnes, up from 2.41 million tonnes in the identical interval a 12 months in the past. Coal imports of the agency rose to 0.47 million tonnes in June quarter from 0.20 million tonnes.

Plant load issue (PLF) or capability utilisation of coal-based energy vegetation additionally rose to 69.68 per cent within the June quarter, up from 68.22 per cent in the identical interval a 12 months in the past.

Average energy tariff of the corporate was Rs 3.73 per unit in April-June 2021 in comparison with Rs 3.98 per unit in the identical interval a 12 months in the past.

The firm mentioned that its board of administrators has accepted a proposal to boost as much as Rs 18,000 crore via the problem of secured/ unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures (“Bonds/NCDs”) in a number of tranches/collection not exceeding 30 (thirty), via personal placement in home market.

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