During the April-June quarter of the current fiscal year, PSU Power giant NTPC recorded a significant 23% YoY growth in its consolidated net profit, amounting to ₹4,907 crore. The company’s net profit showed a marginal increase on a sequential basis.
In terms of total income, NTPC’s consolidated revenue during the June quarter remained almost unchanged at ₹43,390 crore compared to ₹43,561 crore in Q1 FY23. However, on a QoQ basis, the income experienced a 3% decline.
Throughout Q1 FY24, the NTPC Group generated a total of 103.98 billion units (BU) of power, slightly lower than the 104.42 BU generated in Q1 FY23. NTPC’s standalone gross generation stood at 88.55 BU, showing a decrease from the 90.49 BU generated in the same period of the previous year.
Notably, NTPC’s coal stations demonstrated a robust plant load factor (PLF) of 77.43%, surpassing the national average of 70.38% in Q1 FY24. However, the coal-based PLF witnessed a decline of 3.10% YoY and 2.89% QoQ.