Q1 Results : NLC India post Rs. 455.42 cr PBT & total income of Rs.2386.86 cr

Sarkaritel
By Sarkaritel September 5, 2020 17:35

Q1 Results : NLC India post Rs. 455.42 cr PBT & total income of Rs.2386.86 cr


Neyveli, September 04 The total income of the Company for the quarter ended 30.06.2020 is Rs.2386.86 crore as against Rs.1904.03 crore in the corresponding period of the previous year, registering a growth of 25.36%.

During the quarter, the Company recognised as an Exceptional Item, the one-time Rebate of Rs.42.09 crore to DISCOMs on account of COVID-19 pandemic based on guidelines issued by Ministry of Power, Govt. of India.

Profit Before Tax (PBT) for the quarter is Rs.455.42 crore as against Rs.429.12 crore in the corresponding period of the previous year, registering a growth of 6.12%.

Profit after tax for the quarter ended 30.06.2020 is Rs.292.54 crore as against Rs.323.04 crore in the corresponding period of the previous year.

Power generation during the quarter ended 30.06.2020 is 5698.60 MU as against 5059.11 MU in the corresponding period of the previous year, registering a growth of 12.64% mainly on account of commissioning of Unit-I of NNTPS ( 2 X 500 MW) and of 709 MW Solar Project in previous 3rd quarter of previous year.

Power export during the quarter ended 30.06.2020 is 4962.67 MU as against 4305.88 MU in the corresponding period of the previous year, registering a growth of 15.25%.

The EBIDTA (excluding exceptional item) for the quarter ended 30.06.2020 is Rs.1075.48 crore as against Rs. 755.55 crore, registering a growth of 42.34%.

For the Consolidated financial statements:-

The total income of the Group during the quarter and year ended 30.06.2020 is Rs.3065.80 crore as against Rs.2330.69 crore in the corresponding period of the previous year, registering a growth of 31.54%.

During the quarter, the group has recognised as an Exceptional Item, the one-time Rebate of Rs.85.43 crore to DISCOMs on account of COVID-19 pandemic based on guidelines issued by Ministry of Power, Govt. of India.

Profit Before Tax for the quarter ended 30.06.2020 is Rs.531.55 crore as against Rs.368.79 crore in the corresponding period of the previous year and registered a growth of 44.13%.

Profit after tax for the quarter ended 30.06.2020 is Rs.343.48 crore as against Rs.283.77 in the corresponding period of the previous year and registering a growth of 21.04%.

The EBIDTA (excluding exceptional item) for the quarter ended 30.06.2020 is Rs.1380.18 crore as against Rs. 883.99 crore in the corresponding period of the previous year and registering a growth of 56.13%.

Sarkaritel
By Sarkaritel September 5, 2020 17:35