NTPC register 27% growth in its Q1 Net profit
State owned- National Thermal Power Corporation Ltd (NTPC) has registered a growth of 27 per cent in its net profit, which surged to Rs 2,193.60 crore during the quarter ended June 30, 2009, over the corresponding period a year earlier.
The company posted a net profit of Rs 1,726.53 crore in the corresponding quarter last year.
Further, India's largest power producer also witnessed a surge of 24% in its total income, which grew from Rs 10,256.7 crore during the quarter ended June 30, 2008 to Rs 12,778.96 crore during the quarter ended 2009.
Recently, NTPC has revealed its plans to add 3,300 megawatts (MW) capacity in the current financial year. The firm had about 31,000 MW capacity at the end of March.