NTPC Q2 standalone net profit flat at ₹4,653 crore on higher EBITDA; revenue up

State-owned power giant NTPC Ltd on Thursday (October 30) reported a standalone net profit of ₹4,653 crore for the second quarter, up 0.11% from ₹4,648 crore in the same period last year.

Revenue for the quarter stood at ₹39,166 crore, reflecting a 2.9% increase from ₹40,337 crore in Q2 of the previous year. EBITDA grew 3.4% year-on-year to ₹10,019 crore from ₹9,685.9 crore, with the EBITDA margin expanding to 25.6% from 24% in the corresponding period last year.

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When compared with the CNBC-TV18 poll estimates, NTPC’s net profit of ₹4,653 crore was in line with the expected ₹4,654.4 crore, while revenue of ₹39,166 crore slightly exceeded the poll estimate of ₹39,050 crore.

EBITDA also surpassed expectations at ₹10,019 crore versus ₹9,951 crore, with margins higher than the poll forecast of 25.4%. Shares of NTPC Ltd ended at ₹345.10, down by ₹2.80, or 0.80%, on the BSE.

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