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NTPC net profit down 5% to Rs 2,944.03 crore

On Friday, NTPC has reported a 5% drop in its net profit of March quarter.

The National Thermal Power Corporation Limited in a filing to stock exchange said that the 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.

In January-March quarter, the turnover also declined to Rs 19,314.58 crore from Rs 20,939,08 crore in the same period of the previous Financial Year. And net profit in the full fiscal fell 6.3 percent to Rs 10,290.86 crore.

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