ICICI has come out with its first quarter (April-June) earnings estimates for the Power sector. The brokerage house expects NTPC to report net profit at 2385.3 crore down 0.6% year-on-year (up 13.8% quarter-on-quarter).
Net Sales are expected to increase by 2.4 percent Q-o-Q (up 5.6 percent Y-o-Y) to Rs 19934.3 crore, according to ICICI.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7 percent Q-o-Q (up 10 percent Y-o-Y) to Rs 5769.8 crore.
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