NTPC earnings dip 19%
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New Delhi, Jan. 29: Thermal power major NTPC's third-quarter standalone net profit declined 18.90 per cent to Rs 2,492.87 crore from Rs 3,074 crore a year ago, because of a drop in revenue from the power generation segment.
Net profit in the April-December period of this fiscal rose to Rs 7,526.50 crore from Rs 7,346.83 crore a year ago.
Total income declined to Rs 17,657.99 crore during the quarter from Rs 19,371.33 crore a year ago. Income from power generation fell to Rs 17,455.71 crore from Rs 18,915.19 crore a year ago.
During the quarter, the company's gross power generation declined to 60.78 billion units from 61.34 billion units a year ago. Gross power generation in the first nine months of this fiscal fell to 179.64 billion units from 179.94 billion units in the year-ago period.
The plant load factor (PLF) or proportion of installed capacity utilised by the company's coal-based units has come down to 78.23 per cent in the third quarter from 80.79 per cent a year ago. In the April-December period, the PLF for these plants, too, came down to 77.70 per cent from 79.41 per cent a year ago.
The average power tariff of the company was Rs 3.21 per unit in April-December.
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