Coal news and updates

NTPC posts unaudited PAT of Rs 3,074 crore in Q3 FY’15, up y-o-y

February 2: NTPC Limited, the largest power utility in the country, has posted a Profit after Tax (PAT) of Rs 3,074 crore for Q3 of FY2014-15 (FY’15), registering more than 7% increase over Rs 2,861.28 crore reported for the corresponding quarter of the previous year, the company said in a release.

The PAT of Q3 FY’15 is the highest ever profit earned in Q3 by the company, the release said.

During the quarter ended December 31, 2014, total income stood at Rs 19,339.37 crore as against Rs 19,589.01 crore reported for the corresponding quarter in previous year.

NTPC having an installed capacity of 43,143 MW also posted good operational performance for the Q3 of financial year 2014-15.

Gross generation for the Q3 has grown to 61.310 Billion Units (BU) from 59.129 BU for the corresponding quarter in previous year, up by around 4%. For nine-month period of FY’15, gross generation stood at 179.864 BU as against 170.653 BU in corresponding period of previous year, recording an increase of over 5%.