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NTPC Ltd.
BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
346.25
-2.90 (-0.83%) NTPC’s Q3 net declines 10%
Date: 28-01-2012National Thermal Power Corporation (NTPC) has reported results for its third quarter ended December 31, 2011.
The company has reported a fall of 10.17% in its net profit of Rs 2130.39 crore for the quarter ended December 31, 2011 as compared to Rs 2371.48 crore for the same quarter in the previous year due to increase in coal prices. However, total income has increased by 14.66% from Rs 14165.33 crore for Q3FY11 to Rs 16245.42 crore in the quarter under review.
The company’s annual coal requirement is around 164 million tonnes. It generates over 36,000 MW of electricity from its various power plants from all sources of energy. Meanwhile, the company is also looking at long term tie-ups for sourcing coal in the future.