Utilization levels of coal power plants also improved, reflecting better demand conditions. The plant load factor of the coal power plants increased 1.96 percentage points from a year ago to 76.6%. Revenue in the September quarter was up 1.9% while net profit and earnings per share fell in the range of 2.3-2.6%. Even then, a 7% rise in generation volumes and a significant expansion in capacities should have ideally translated into better earnings performance. NTPC is expected to see benefits from new power plants (in terms of returns) in the coming quarters.

Source: Mint November 14, 2017 02:26 UTC