NTPC Q1 profit down 3% to Rs 2,135 cr

July 30, 2015 16:11

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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