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NTPC reports 6% fall in Q1 consolidated net profit

17 Aug 2020 Evaluate

NTPC has reported results for the first quarter ended June 30, 2020.

The company has reported a fall of 5.10% in its net profit at Rs 2,470.16 crore for the quarter under review as compared to Rs 2,602.79 crore for the same quarter in the previous year. Total income of the company decreased by 2.03% at Rs 24,021 crore for Q1FY21 as compared Rs 24,518.81 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 5.87% in its net profit at Rs 2,948.94 crore for the quarter under review as compared to Rs 3,132.73 crore for the same quarter in the previous year. Total income of the company decreased by 2.04% at Rs 26,794.68 crore for Q1FY21 as compared Rs 27,353.36 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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