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NTPC Ltd Q1FY24; 23% rise in Profits

NTPC (National Thermal Power Corporation) Ltd along with its subsidiaries/ associates & JVs is primarily involved in generation and sale of bulk power to State power utilities. Other business of the group includes providing consultancy, project management & supervision, energy trading, oil & gas exploration and coal mining.

Financial Results:

NTPC Ltd reported Revenues for Q1FY24 of ₹43,075.00 Crores down from ₹43,177.00 Crore year on year, a fall of 0.24%.

Total Expenses for Q1FY24 of ₹37,407.00 Crores down from ₹38,400.00 Crores year on year, a fall of 2.59%.

Consolidated Net Profit of ₹4,907.00 Crores up 23.35% from ₹3,978.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.03, up 23.89% from ₹4.06 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: AlphaGraphs Energy
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