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Govt-owned NTPC registers over 5.5% yoy growth in Q2 net profit to ₹3,331 cr

John

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Government-owned NTPC registered over 5.5% growth in standalone net profit to ₹3,331.20 crore for the quarter ending September 30, 2022 (Q2FY23) compared to a PAT of ₹3,156.74 crore in the same quarter of FY22. However, Q2 PAT declined by 10.4% from ₹3,716.96 crore in the preceding quarter.

The company’s top-line front recorded robust growth in Q2FY23. Standalone revenue from operations stood at ₹41,015.14 crore in Q2FY23 rising by 39.17% from ₹29,471.16 crore in the corresponding period of the previous fiscal. In Q1FY23, NTPC registered a revenue of ₹40,026.25 crore. Sequentially, revenue rose by 2.5% in Q2FY23.

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