NTPC Q2 PAT may dip 32% at Rs 2137.4 cr: Kotak Securities
According to Kotak Securities, NTPC to report a 15.4 percent degrowth quarter-on-quarter (down 32 percent Y-o-Y) in net profit at Rs 2137.4 crore.
October 28, 2013 / 18:37 IST
Kotak Securities has come out with its second quarter (July-September) earnings estimates for the power sector. The brokerage house expects NTPC to report a 15.4 percent degrowth quarter-on-quarter (down 32 percent Y-o-Y) in net profit at Rs 2137.4 crore.
Revenues of NTPC are expected to decrease by 5 percent Q-o-Q (down 8 percent Y-o-Y) to Rs 14,829.4 crore, according to Kotak Securities.Kotak Securities' Report on NTPC:During the quarter, despite capacity additions in FY13, generation has been constrained by lack of demand for power from SEBs. We thus forecast a reduction in profits in Q2FY14.Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
