NTPC Reports 12% Rise in Q1 Profit Driven by Higher Income

State-owned NTPC reported a 12% increase in consolidated net profit to Rs 5,506.07 crore for Q1 FY25, primarily due to higher income. The company's total income rose to Rs 48,981.68 crore, with a 114 billion units increase in power generation. Standalone net profit also saw an 11% rise.

State-owned NTPC on Saturday reported a 12% increase in its consolidated net profit, reaching Rs 5,506.07 crore for the June quarter, primarily driven by higher income.

Compared to the same period last year, the company's net profit was Rs 4,907.13 crore, as per an exchange filing.

Total income ascended to Rs 48,981.68 crore from Rs 43,390.02 crore year-on-year.

Meanwhile, expenses rose to Rs 41,844.18 crore from Rs 36,963.61 crore during the same period last year.

NTPC's consolidated power generation climbed to 114 billion units (BUs) in Q1 FY25, up from 104 billion units in Q1 FY24.

On a standalone basis, NTPC's net profit was reported at Rs 4,511 crore, an 11% increase compared to Rs 4,066 crore in the corresponding period last year.

Total income for the standalone segment was Rs 45,053 crore, up from Rs 39,681 crore in April-June 2023-24.

The company's standalone power generation was 98 billion units, rising from 88 billion units in the previous year.

NTPC's coal stations achieved a plant load factor of 80.39% in Q1 FY25, surpassing the national average of 76.19%.

Under the Ministry of Power, NTPC is India's largest power generation company, boasting an installed capacity of 76 gigawatts.

(With inputs from agencies.)