NTPC has reported results for third quarter ended December 31, 2016.
The company has reported 7.50% fall in its net profit at Rs 2468.72 crore for the quarter ended December 31, 2016 as compared to Rs 2668.77 crore for the same quarter in the previous year. However, total income of the company increased by 10.84% at Rs 19646.09 crore for the quarter under review as compared Rs 17724.68 crore for the corresponding quarter previous year.
NTPC is an Indian central Public Sector Undertaking (PSU) under the Ministry of Power, Government of India, engaged in the business of generation of electricity and allied activities. The company is India’s largest power utility with an installed capacity of 48,028 MW and it aims to be the world’s largest and best power major.