NTPC Ltd, the country's largest power generator, today reported a 3% decline in net profit for the first quarter ended June on the back of lower generation and Plant Load Factor (PLF), a measure of power plant efficiency and output.
The company reported a net profit of Rs 2,135 crore for the quarter as compared to Rs 2,201 crore for the same quarter last financial year (2014-15). Gross generation for the June quarter stood at 58.69 billion units (BUs), a 7% decline from 63.15 BUs in the year ago period, the company said in a statement.