Chennai, Feb 15 (PTI) Public sector Neyveli Lignite Corporation has reported a net profit at Rs 184.94 crore for the third quarter ending Dec 31, 2011, up by 92.51 per cent. The company has reported a net profit of Rs 96.07 crore during the same period of previous year, NLC said in a statement. The company attributed the profits mainly to "better capacity utilisation" during the period. For the third quarter ending December 31, 2011 the company registered a turnover of Rs 1,045.99 crore, which is 20.33 per cent higher than the turnover of Rs 869.21 crore registered during the corresponding period of last year. For the nine month period ending December 31, 2011 the Profit After Tax stands at Rs 806.12 crore as compared to Rs 711.88 crore registered during the same period of the previous year. The total sales turnover for the first nine months of the year stood at Rs 3,360.87 crore as against Rs 3,077.84 crore registered during the same period of previous year. The company said last year, the thermal power station-II has generated 11,056.063 million units surpassing the previous performance of 10,783.324 million units registered in 2009. With the commissioning of the company's 2x125 MW power project in Rajasthan, NLC's total power generation reached 1,800 million units per year, it added.
