New Delhi: The country’s largest power generator NTPC Ltd. has reported a 27.35 per cent increase in its net profit during the first quarter of the current fiscal on the back of higher generation and improved demand for power.
The company reported a Q1 FY22 net profit of Rs 3,145.63 crore as against Rs 2,470.16 crore in Q1 FY21.
The total income during the period under review stood at Rs 26,802.25 crore as against Rs 24,021.00 crore in the same period the previous year, registering an increase of 11.58 per cent.
In the April-June quarter, NTPC group recorded gross generation of 85.81 billion units as against 67.94 billion units during the previous quarter of last year. On a standalone basis, the gross generation of NTPC for Q1 FY22 was 71.75 Billion units as against 60.19 billion units in the previous quarter of last year.
Coal stations achieved a Plant Load Factor of 69.68 per cent as against the National Average of 58.50 per cent with an availability factor of 93.68 per cent.
NTPC Group present installed capacity is 66,885 MW.