NTPC posts 69% jump in Q4 net on exceptional items gain

Moneycontrol Bureau

NTPC surprised the street by posting 69 percent year-on-year jump in its March quarter profit to Rs 4381 crore boosted by an exceptional gain of Rs 1684 crore. Sales grew marginally to Rs 18462 crore, up a percent YoY.
Ebitda margins declined marginally to 23.7 percent against 25.3 percent YoY. Other income also grew 30 percent to Rs 884 crore, while fuel cost declined marginally to Rs 1039 ccore.
Shares of the company were up over a percent to Rs 158.30 post Q4 numbers announcement.