Sarkaritel.com News and Features-Corporate News

NTPC Q2 sales at Rs 7463.3 cr , net profit at Rs  1473.9 cr

New Delhi October 30, 2006

NTPC Limited declared un-audited financial results for the quarter today with sales for the quarter Rs.68,138 million as compared to Rs. 59,259 million for the same quarter in the previous year registering an increase of 14.98 %. The profit after tax for the quarter was Rs 14,739 million as compared to Rs 11,635 million for the same quarter in the previous year registering an increase of 26.68 %. If the revenues and expenditures are adjusted for extra-ordinary items then the adjusted profits after tax for the quarter ended on September 30,2006 would be Rs 14,410 million as against the adjusted profits after tax of Rs.11,545 million for the same quarter in the previous year registering a growth of 24.82 %.

During the quarter commercial generation from the power plants of the company was 42,609 million units of electricity as against 38,743 million units generated in the same quarter in the previous year thus registering an increase in generation of 9.98%. The coal based power stations of the company operated at a plant load factor (PLF) of 82.57% as compared to a PLF of 79.35% for the same quarter in the previous year.

NTPC Limited presently has a total installed capacity of 26,404 MW (including 1054MW owned through joint ventures) representing more than 20% of the total installed capacity of the country.

The company is presently constructing power plants having a cumulative capacity of 10,840 MW and has announced plans for becoming a 51000+ MW company by the year 2012 and 75000+ MW company by the year 2017. These plans include coal, gas, hydro and nuclear power capacities. The company has been adjudged as the Most Admired Organisation in the Public Sector in a survey conducted by’ PowerLine.’

E-Mail : newseditor@sarkaritel.com