Result update: NTPC Ltd

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SWETA MITRA
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Result update: NTPC Ltd

BY A STAFF REPORTER:

NTPC Ltd - Consolidated Quarterly Result. State-owned power generation major NTPC consolidated net sales (including other operating income) for the quarter ended Jun 2021 has increased 14% to Rs 29888.02 crore but on sequential basis down by 1.5 % from Rs. 31,891.60.



Provision for interest fell 0.02% to Rs 2464.77 crore. Provision for depreciation rose 9% to Rs 3200.71 crore.



NTPC posted Profit before tax (PBT) was up by 8.9% to Rs 4721.50 crore in Q1 FY2022 as against Rs 4335.52 crore in Q1



FY2021. Current tax expenses during the quarter increased by 20.7% YoY to Rs 703.94 crore.



Net profit of NTPC rose 18.03% to Rs 3411.56 crore in the quarter ended June 2021 as against Rs 2890.39 crore during the



previous quarter ended June 2020 but on a sequential basis down by 24.94% from Rs. 4544.92 crores



NTPC's gross power generation in Q1 FY22 was 71.748 billion units compared to 60.186 billion units (BU) in Q1 FY21.



Domestic coal supply for its plants in the June quarter stood at 45.81 million tonnes, up from 40.19 million tonnes in the



same period a year ago.



Coal production (from captive mines) in the June quarter stood at 2.46 million metric tonnes (MMT), up from 2.41 MMT in



the same period a year ago. Coal imports of the firm rose to 0.47 MMT in June quarter from 0.20 MMT.



Plant load factor (PLF) or capacity utilisation of coal-based power plants also rose to 69.68% in the June quarter, up from



68.22% in the same period a year ago.



Average power tariff of the company was Rs 3.73 per unit in April-June 2021 compared to Rs 3.98 per unit in the same



period a year ago.



Separately, NTPC said that its board of directors has approved a proposal to raise up to Rs 18,000 crore through the issue of



secured/ unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures (Bonds/NCDs)



in one or more tranches/series not exceeding 30, through private placement in domestic market





Source : Eureka


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