Public Sector News

NLC Q3 net profits at Rs. 956.78 Crore, clocks revenue of Rs. 6256 cr

S.K. Acharya CMD 1
Sarat kumar Acharya, CMD, Neyveli Lignite Corporation Ltd

Neyveli, Feb 15 The total revenue of the company for the nine month period of 2017-18 stood at Rs.6256.29 cr as compared to Rs. 6074.43 cr in the corresponding period of previous year registering a growth of 2.99%.

The Company total Profit After Tax (PAT) during the current Nine Month period stood at Rs. 956.78 Crore as compared to Rs.867.34 Crore in the corresponding period of previous year registering a growth of 10.31%, inspite of adverse impact on revenue by 499 cr., due to surrender of power to the tune of 1738 MU (compared to 1022 MU in the corresponding nine months of previous Year ).

The company’s total comprehensive income during the current Quarter stood at Rs. 332.46 Crore (as compared to Rs. 321.95 Crore in the corresponding Quarter of previous year )referring a growth of 3.26%.

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