July 29, 2024
New Delhi, India
NTPC Shares
Shares of state-run power generation company NTPC were trading in positive territory on Monday after posting its financial results for the first quarter of fiscal year 2024-25. The stock rose as much as 3% to ₹408.30 on the National Stock Exchange (NSE). At 9:31 am, it was trading 2.5% higher at ₹406.4. On the BSE, it gained 2.8% to ₹387.3.
NTPC Q1 Results: The state-owned company reported a 12% increase in its consolidated net profit to ₹5,506 crore for Q1 FY25, backed by higher income. In the year-ago period, its net profit was ₹4,907.1 crore.
Total income for the quarter stood at ₹48,981.6 crore, up 12.8% from ₹43,390.02 crore in the corresponding period a year ago. Expenses were reported at ₹41,844.1 crore compared to ₹36,963.6 crore a year ago.
NTPC’s consolidated power generation capacity jumped to 114 billion units (BUs) in the first quarter of the current fiscal year, compared to 104 BUs in Q1 FY24.
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On a standalone basis, the company reported a net profit of ₹4,511 crore, around 11% higher compared to ₹4,066 crore in the year-ago period. Total income was ₹45,053 crore against ₹39,681 crore in April-June 2023-24. The company’s standalone power generation was 98 billion units, higher than 88 billion units in the year-ago period.
NTPC coal stations achieved a plant load factor of 80.3% during Q1 FY25, compared to the national average of 76.1%.
Under the Ministry of Power, NTPC is India’s largest power generation company, with an installed capacity of 76 gigawatts (GW).
NTPC Shares were trading around 398.10INR +1.80 or +0.45% at 11:37 A.M today.
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