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Last Updated : Feb 08, 2017 08:26 AM IST | Source: CNBC-TV18

NTPC Q3 profit seen down 3% but operating income may rise 10%

Analysts expect average plant load factor at 72 percent (against 70 percent YoY) and thermal PLF at around 77 percent in Q3.


Country's largest power generation company NTPC is expected to report profit at Rs 2,412 crore in October-December quarter, a degrowth of 3 percent compared with Rs 2,493 crore in same quarter last year.


Revenue during the quarter may increase 8 percent to Rs 18,812 crore compared with Rs 17,415 crore in corresponding quarter of last fiscal, according to average of estimates of analysts polled by CNBC-TV18.


Operating profit is likely to rise 10 percent year-on-year to Rs 5,121 crore and margin may expand 70 basis points to 27.2 percent in the quarter gone by.

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Analysts expect average plant load factor at 72 percent (against 70 percent YoY) and thermal PLF at around 77 percent in Q3.


Realisation is likely to increase. PAF (plant availability factor) is expected to be more than 83 percent for almost all power plants.

Key factors to watch out for would be core return on equity and incentives, impact of GCV (gross calorific value) calculation method, comment on government’s directive on retirement of old capacity and updated plant commissioning schedule and target.

First Published on Feb 7, 2017 06:04 pm
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