NLC India reports 14% fall in Q2 net profit

NLC India Ltd. | Power Generation/Distribution | Power | BSE: 513683 | NSE: NLCINDIA

09 Dec 2016 Evaluate

NLC India has reported results for second quarter ended September 30, 2016.

The company has reported 13.62% fall in its net profit at Rs 300.42 crore for the quarter under review as compared to Rs 347.79 crore for the same quarter in the previous year. However, total income of the company increased by 15.79% at Rs 2148.28 crore for the quarter under review as compared Rs 1855.31 crore for the corresponding quarter previous year.

NLC India is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines.

Peers

Company Name	CMP
NTPC	324.00
Tata Power	374.80
Adani Power	209.00
Power Grid Corpn.	270.00
Adani Energy Solut.	1415.00
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.