Shares of NTPC fell over 3% in early trade on October 25, even as the state-run power giant posted better-than-expected earnings for Q2 FY25. The company’s consolidated net profit rose 14% year-on-year to Rs 5,380 crore, while revenue from operations dipped slightly to Rs 44,696 crore. The board also declared an interim dividend of Rs 2.5 per share.
NTPC’s coal output, however, grew by 61% to 9.03 MMT from captive mines despite gross electricity generation declining to 88.46 billion units compared with 90.30 billion units a year ago. The PLF at coal-based thermal plants fell to 72.28% against the previous year but still higher than the national average.
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Source: Moneycontrol
News Desk
