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NTPC net profit up 5.6 percent

April 8, 2009 - 0 comments            Bookmark and Share

New Delhi, April 8 -- State-run power generation firm NTPC Ltd Wednesday reported 5.6 percent increase in its provisional net profit for 2008-09.

NTPC, formerly known as National Thermal Power Corp, posted Rs.7,827.4 crore ($1.5 billion) as profit for 2008-09, compared to Rs.7,414.8 crore the year before, the company said in a statement.

Net sales of the company rose to Rs.42,182.4 crore last fiscal from Rs.36,946.2 crore in 2007-08.

copyright 2009 by IANS.

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