State-run power utility NTPC Limited is likely to report an 11 percent on-year growth in standalone net profit on October 29, when it will declare its results for the quarter ended September 2022. Revenue for the quarter is likely to jump more than 20 percent, driven by higher generation and commercialisation of 3 GW of additional capacity during the trailing twelve months (TTM).
According to a poll of brokerages conducted by Moneycontrol, the standalone post-tax profit for India’s largest power generator is expected to be around Rs 3,560 crore. Experts hope that the company will report a standalone revenue of Rs 34,600 crore.
On a sequential basis, the profit is likely to decline 3 percent and revenues 10 percent because of slightly lower generation and lower sale of power after the peak months of April to June.