NTPC – Profit up by 27.05%, Total Income up by 24.59%
28th Jul, 2009
NTPC Limited, India’s largest power generating company has announced results for the first quarter ended June, 2009. The profit after tax for the quarter is Rs. 2193.62 crore as compared to profit after tax of Rs. 1726.53 crore reported in the corresponding quarter in the previous year, registering a growth of 27.05%.
The total income for the quarter is Rs. 12,778.96 crore as compared to Rs. 10,256.70 crore reported in the corresponding quarter of the previous year. The increase in total income for the quarter ended June, 2009 over previous corresponding quarter is 24.59%. The Company has declared Net Sales of Rs. 12,002.68 crore during first quarter of 2009-10 as against Rs. 9,539.47 crore during first quarter of 2008-09 registering an increase of 25.82%.
The company has total installed capacity of 30,644 MW through 26 power stations including joint ventures. The Company currently has 17930 MW under construction and aims to become 50,000 MW by 2012.
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