Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
Latest News

NTPC reports 8% decline in profit for Q4 to Rs 2716 crore

NTPC, the largest power generation company of India has reported 7.7 percent decline in its standalone profit for the fourth quarter to Rs 2,716 crore and revenue slipped 6 percent to Rs 18,113 crore compared to previous year.

On account of lower revenue & lower other income and higher finance cost & tax expenses, the profitability was impacted.

Company’s operating profit jumped 17.4 percent to Rs 5,458 crore and margin has seen expansion of 603 basis points at 30.1 percent in comparison with same period of last fiscal.

Read EquityPandit’s Nifty Energy Outlook for this week 

Get Daily Prediction & Stocks Tips On Your Mobile