Categories AlphaGraphs, Earnings

NTPC Ltd Q2FY24; 38% 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 Q2FY24 of ₹44,983.00 Crores up from ₹44,175.00 Crore year on year, a rise of 1.83%.
  • Total Expenses for Q2FY24 of ₹39,262.00 Crores down from ₹40,147.00 Crores year on year, a fall of 2.2%.
  • Consolidated Net Profit of ₹4,726.00 Crores up 38.27% from ₹3,418.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹4.76, up 38.37% from ₹3.44 in the same quarter of the previous year.

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