NTPC’s Strong Q1 Performance
Topic starter
27/07/2024 3:22 pm
Hey, did you catch NTPC's latest financials? They reported a 12% rise in net profit for Q1, hitting over ₹5,500 crore! Their power generation also saw a big boost, jumping to 114 billion units from 104 billion units last year.
Their total income climbed to ₹48,981.68 crore, and even though their expenses went up, they managed to maintain solid growth. NTPC's coal stations are performing above the national average too, with a plant load factor of 80.39%.
It's impressive to see a state-owned company doing so well, especially in such a critical sector like power.
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