NTPC Green Energy Reports 135% Profit Surge
State-owned NTPC Green Energy Ltd reported a significant net profit increase of over 135% in the September quarter. The company's profit soared to Rs 86.38 crore, up from Rs 36.69 crore the previous year, driven by increased revenues. Total income reached Rs 656.72 crore.
- Country:
- India
State-owned NTPC Green Energy Ltd (NGEL) announced a remarkable over 135% increase in consolidated net profit for the September quarter, according to its latest regulatory filing.
The company's net profit surged to Rs 86.38 crore, a significant jump from Rs 36.69 crore in the same period of the previous year.
This growth was primarily fueled by higher revenues, with total income rising to Rs 656.72 crore compared to Rs 525.32 crore a year earlier.
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