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NTPC net profit tumbles 5pc to Rs. 2,944.03 cr

State-owned power utility NTPC on Friday reported a 5 per cent drop in its March quarter net profit to Rs. 2,944.03 crore.

Net profit of Rs. 2,944.03 crore, or Rs. 3.57 per share, was 4.8 per cent lower than Rs. 3,093.54 crore, or Rs. 3.75 a share, in the same period a year ago,

National Thermal Power Corporation Limited said in a stock exchange filing.

Turnover too declined to Rs. 19,314.58 crore in January-March quarter from Rs. 20,939,08 crore in the same period of the previous fiscal.

Net profit in the full fiscal fell 6.3 per cent to Rs. 10,290.86 crore.

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