4QFY20 results of NTPC Ltd - Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd.

"NTPC Ltd. consolidated revenue from operations for Q4FY20 stood at Rs. 30,201 crore up by 26.9% YoY from Rs. 23,800 crore in Q4FY19. Revenue from generation of power stood at Rs. 29,708 crore up by 24.6% as compared to Rs. 23,839 crore in Q4FY19. NTPC has completed acquisition of NEEPCO and THDCIL, during the quarter the company was able to commercialize 1.71 GW of power plant. Coal based plant availability stood at 94.3% as compared to 92.4% in Q4FY19 while Plant load factor at 69.52%. Profit after tax for the quarter stood at Rs. 1524crore down by 70% due to provision of Income tax of Rs. 2,743crore related to earlier years, as the company has decided to settle pending cases under vivad se vishwas scheme."

Shares of NTPC LTD. was last trading in BSE at Rs.93.55 as compared to the previous close of Rs. 95.85. The total number of shares traded during the day was 855790 in over 6378 trades.

The stock hit an intraday high of Rs. 95.4 and intraday low of 92.35. The net turnover during the day was Rs. 79711272.

Source : Equity Bulls

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