NTPC's September Quarter Web Profit Sees Year-On-Year Fall

INSUBCONTINENT EXCLUSIVE:
NTPC's net revenue on a standalone basis experienced a dip during the September quarterState-owned National Thermal Power Corporation
recorded a 8.3 percent fall in its second quarter net profit on a standalone basis, as it stood at Rs 3,211 crore in the duration ending
September 30, 2021 of the present financial
The power major had actually tape-recorded a net revenue of Rs 3,504 crore in the second quarter of 2020-21
The company witnessed an increase in its total earnings throughout the second quarter of the existing monetary year on a standalone basis,
which was Rs 29,273 crore.The overall earnings of the power business was Rs 26,023 crore during the matching period of last year.NTPC's
revenue after tax on a standalone basis for the very first half of the current financial too was up by 6.4 per cent as it stood at Rs 6,357
crore as versus Rs 5,974 crore recorded in the first half of 2020-21
Its gross power generation rose to 74.81 billion systems (BU) in the quarter under evaluation from 67.67 BU in the year-ago period.The plant
load factor (PLF) or capability utilisation of the business's coal-based power plants rose to 69.58 percent in the September quarter of
2021-22 from 64.27 per cent in the same duration a year ago.NTPC got 43.39 million metric tonnes of domestic coal supply in the quarter
under review as against 38.21 million metric tonnes in the year-ago period.The imported coal supply likewise rose to 0.42 million metric
tonnes in the three months ended September from 0.15 million metric tonnes in the very same period a year ago.In the September quarter of
present fiscal, NTPC produced 2.79 million metric tonnes of coal, which is greater than 0.77 million metric tonnes taped in the matching
period of previous financial.