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This is an archive article published on April 6, 2011

NTPC Q4 net profit up 24.17 pct

NTPC reported a 24.17 per cent growth in its Q4 profit-after-tax to Rs 2,505.42 crore.

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State-owned NTPC reported a 24.17 per cent growth in profit-after-tax to Rs 2,505.42 crore for the January-March period of 2011.

In the year-ago period,the company had posted a profit-after-tax PATof Rs 2,017.66 crore,NTPC said in a filing to the Bombay Stock Exchange.

The company8217;s net sales rose to Rs 14,488 crore in the fourth quarter of 2010-11 from Rs 12,305 crore in the year-ago period,translating into a growth of 17.74 per cent.

For the 2010-11 fiscal,NTPC posted a PAT of Rs 8,826.16 crore,compared to Rs 8,728.2 crore in the previous fiscal.

The company8217;s net sales increased to Rs 53,721 crore during 2010-11 from Rs 46,169 crore in 2009-10,an increase of 16.36 per cent.

Shares of the company were quoting at Rs 189.95 in afternoon trade on the BSE today,up 1.09 per cent from the previous close.

 

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