NTPC Q1 FY25 Results: Net Profit up 12% to over Rs 5,500 cr on higher revenue

Total income stood at Rs 45,053 million as against Rs 39,681 million in April-June 2023-24

2 minutes of reading Last updated: July 27, 2024 | 17:57 IST

State-owned NTPC on Saturday reported a 12 per cent rise in consolidated net profit at 5,506.07 billion rupees for the quarter ended June, mainly on higher revenue.

During the same period last year, the company’s net profit stood at Rs 4,907.13 billion, the company said in stock exchange filings.

Total income rose to Rs 48,981.68 billion from Rs 43,390.02 billion in the same period a year earlier.

Expenditure stood at Rs 41,844.18 billion compared with Rs 36,963.61 billion a year earlier.

NTPC’s consolidated power generation increased to 114 billion units (BU) in Q1 FY25 from 104 billion units in Q1 FY24.

On a standalone basis, the company reported a net profit of Rs 4,511 million, up about 11 per cent from Rs 4,066 million in the corresponding period of the previous year.

Total income was Rs 45,053 million as against Rs 39,681 million in April-June 2023-24.

The company’s independent electricity production amounted to 98 billion units, up from 88 billion units during the same period last year.

NTPC’s coal-fired power plants achieved a capacity utilisation factor of 80.39 per cent in the first quarter of FY2025, while the national average was 76.19 per cent.

NTPC, which comes under the Ministry of Power, is India’s largest power generation company with an installed capacity of 76 gigawatts.

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First published: July 27, 2024 | 17:57 IST