NTPC Consolidated Pre-tax Profit Dips 6% To Rs 3,443 Crore In June Quarter

Business Standard

The firm's total income during April-June came down to Rs 26,794.68 crore, compared to Rs 27,353.36 crore in the year-ago period

Topics

NTPC | Q1 results | pre-tax profit

NTPC, NTPC Limited

The firm’s total expenses were at Rs 22,649.04 crore, against Rs 23,814.32 crore a year ago

on Friday reported a 6.7 per cent year-on-year (YoY) fall in its consolidated to Rs 3,442.9 crore in the June quarter.

Its net profit fell 6 per cent to Rs 2,948.94 crore, as compared to Rs 3,132.73 crore in the corresponding quarter of the previous year, according to a BSE filing.

The firm’s total income during April-June came down to Rs 26,794.68 crore, compared to Rs 27,353.36 crore in the year-ago period. The firm’s total expenses were at Rs 22,649.04 crore, against Rs 23,814.32 crore a year ago.

First Published: Fri, August 14 2020. 22:40 IST

RECENT NEWS

Coutts Sets Scope On New Continent

Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more

From Cypherpunk To Citadel

How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more

ACB Securities: Building Scale, Trust & Innovation

ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more

War Risk Returns To Markets As VIX Surges

For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more

Stablecoin The Future Of Currency?

The payments system is undergoing a quiet but consequential shift. What was once the exclusive preserve of central banks... Read more

BoE Loosens Capital Rules

The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more