NTPC's net profit rises by 4%; shares down
NTPC reported net profit of Rs 2369.53 crore for June quarter ended 2016 (Q1FY17), witnessing a rise of 4.08% from Rs 2276.50 crore in the corresponding period of the previous year.
India's largest energy conglomerate - NTPC reported net profit of Rs 2369.53 crore for June quarter ended 2016 (Q1FY17), witnessing a rise of 4.08% from Rs 2276.50 crore in the corresponding period of the previous year.
The total income of the company stood at Rs 19,062.91 crore, increasing by 11.52% from Rs 17,092.98 crore a year ago same period, led by increase in generation segment.
While bottom-line was positive on the back of robust EBITDA margins.
NTPC's operating profit (EBITDA - earnings before interest tax depreciation and amortization) stood at Rs 5210.54 crore, up by 47.55%. It's operating profit margin (OPM) was at 27.33%, expanding by 667 basis points year-on-year.
On segment wise revenue break-up, the generation segment rose by 11.61% to Rs 19,116.20 crore versus Rs 17,126.81 crore of June 2015.
The company also witnessed increase in the capacity with nearly 47,178 mega watts capacity installed, a rise of 4.72% yoy. While commercial installed capacity was at 48,878 mega watts, up by 6.33% yoy.
However, share price of NTPC slumped by 2% to Rs 163.55 despite robust Q1FY17.
Nearly 35,279 shares have been exchanged on BSE index.
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