NTPC Q4 profit up 68% | business | Hindustan Times
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NTPC Q4 profit up 68%

India’s largest power producer, NTPC Ltd, on Friday reported a 68% year-on-year rise in standalone net profit to R4,381.61 crore for the three months ended March 2013 against R2,593 crore a year-ago.

business Updated: May 10, 2013 23:11 IST
HT Correspondent

India’s largest power producer, NTPC Ltd, on Friday reported a 68% year-on-year rise in standalone net profit to Rs 4,381.61 crore for the three months ended March 2013 against R2,593 crore a year-ago.

Total income, also on a standalone basis, climbed to R17,349 crore during the quarter against R16,362 crore a year-ago.

“NTPC has declared its Q4FY13 results, which were a tad below expectations but at the same time has many one-offs,” ICICIdirect.com Research said in a note.

For the full fiscal 2013-13, the company reported an over 28% jump in consolidated net profit to R12,591 crore compared to R9,813 crore in the previous fiscal year.

The full year figures are audited and net profit numbers are after accounting for taxes, minority interest and share of profit of associates, the company said.