NLC Q1 profits up 26.45 % at Rs. 291.79 cr

Sarkaritel
By Sarkaritel August 13, 2017 11:22

NLC Q1 profits up 26.45 % at Rs. 291.79 cr


Chennai, August 11   NLC announced its Q1 results today. The total Revenue of the company for the 1st Quarter of 2017-18 stood at Rs. 2325.70 Crore as compared to Rs.1975.57 Crore in the same Quarter last year registering a positive growth of 17.72%.

The company’s total comprehensive income (PAT) during the current Quarter stood at Rs.291.79 Crore as compared to Rs. 230.75 Crore in the same Quarter last year registering a growth of 26.45%.

The above results are the outcome of physical growth in power generation (duly supported by lignite dispatch from Mines) which reached 5275.52 MU in the 1st quarter (April – June 2017) as against 5067.47 MU in the corresponding quarter of the last year. During the current quarter, the company faced surrender of power to the tune of 783.90 MU out of which 198.44 MU could be traded in power market fetching a  total revenue of Rs.61.20 crores.

Sarkaritel
By Sarkaritel August 13, 2017 11:22