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NTPC Q1 profit down 3% to Rs 2,135 cr
July 30, 2015
State-run NTPC on Thursday posted Rs 2,135.35 crore (Rs
21.35-billion) standalone profit, down about 3 per cent, for the quarter ended
on June 30, mainly on account of low demand of electricity.
Its net profit for the April-June quarter of last fiscal was
Rs 2,201.20 crore (Rs 22.01 billion), the NTPC Ltd said in a statement to Bombay
Stock Exchange on Thursday.
The profit was down marginally in the first quarter of the current
fiscal mainly due to low demand for power, as indicated in its key performance
indicators for the period in its BSE filing.
During the first quarter of 2015-16, NTPC's gross power generation
was 58.69 billion units of power compared to 63.15 billion units in the
year-ago period.
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