NTPC reports 13% rise in its Q1 net profit

National Thermal Power Corporation (NTPC) has reported results for its first quarter ended June 30, 2011.

The company’s net profit for the quarter rose by 12.70% at Rs 2075.78 crore as compared to Rs 1841.89 crore for the same quarter last year. Its total income increased by 12.22% to Rs 15167.89 crore for the quarter under review from Rs 13516.31 crore for the corresponding quarter of the previous year.

NTPC, India's largest power company, was incorporated to accelerate power development in India. Presently, it has emerged as an ‘Integrated Power Major’, with a significant presence in the entire value chain of power generation business.