NTPC Q1 PAT rises 15% YoY to Rs 3,978 Cr

29 Jul 2022 , 04:20 PM

Consolidated profit before tax grew by 39.12% to Rs 5,427.88 crore in Q1 FY23 from Rs 3901.51 crore posted in Q1 FY22. Total expenses spiked 43.86% year on year to Rs 38,399.33 crore in the quarter ended 30 June 2022. On the margins front, the PSU companys operating margin declined to 17.51% in Q1 FY23 from 23.12% in Q1 FY22. Net profit margin fell to 9.59% in Q1 FY23 from 12.08% in Q1 FY22. The Groups total installed capacity increased to 69,114.20 MW as on 30 June 2022 from 66,085 MW posted on 30 June 2021. NTPCs gross power generation for the quarter ended June 2022 was 86.883 billion units (BU) compared to 71.748 BU in quarter ended June 2021. Coal production (from captive mines) in quarter ended June 2022 stood at 4.1 million metric tonnes (MMT), up from 2.46 MMT in the same period a year ago. Domestic coal supply for its plants in the June quarter stood at 51.24 MMT, up from 45.81 MMT in the same period a year ago. Meanwhile, coal imports of the firm rose to 4.33 MMT in June quarter from 0.47 MMT registered in the same quarter last year. Plant load factor (PLF) or capacity utilisation of coal-based power plants also rose to 80.39% in the quarter ended June 2022, up from 69.68% posted in the same quarter a year ago. Meanwhile, the companys board has approved issue of secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures up to Rs 12,000 crore in one or more tranches not exceeding 12 (twelve), through private placement. This issue is subject to the approval of shareholders. NTPC is Indias largest energy conglomerate. It has presence in the entire value chain of the power generation business. The Government of India holds 51.10% in NTPC. Shares of NTPC closed 1.73% higher at Rs 152.95 on the BSE. Powered by Capital Market – Live News