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NTPC earns`39,681 cr in Q1

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NTPC earns`39,681 cr in Q1
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31 July 2023 2:35 PM IST

Visakhapatnam India's largest power generator NTPC Ltd with a present group installed capacity of more than 73 GW earned an income of Rs 39,681 crore in Q1 FY24.

The company, which owns 2,000 MW Simhadri Super Thermal Power Station near here, declared unaudited financial results for Q1 FY24 on Saturday, according to an official release.

NTPC Group generated 103.98 billion units in Q1 FY24 as compared to 104.42 billion units in Q1 FY23. The company's standalone gross generation in Q1 FY24 was 88.55 billion units as compared to 90.49 billion units in the corresponding previous period.

NTPC coal stations achieved a PLF of 77.43 per cent as against the national average of 70.38 per cent during Q1 FY24. On a standalone basis, the total income of NTPC for Q1 FY24 was Rs 39,681 crore as against the corresponding previous period total income of Rs 40,726 crore. Profit After Tax (PAT) for Q1 FY24 was Rs 4,066 crore as against Rs 3,717 crore in Q1 FY23, registering an increase of 9.39 per cent.

On a consolidated basis, the total income of the group for Q1 FY24 was Rs 43,390 crore as against the corresponding previous period total income of Rs 43,561 crore.

NTPC Vishkapatnam 
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