Millennium Post

NLCIL Q2 PAT increases 2.76% to Rs. 336.78 crore

NLCIL Q2 PAT increases  2.76% to Rs. 336.78 crore

Neyveli: The total income of NLC India Limited during the quarter and half year ended September 30, 2019, was Rs 2217.85 crore and Rs 4121.88 crore respectively as against Rs 1881.07 crore and Rs 3722.18 crore in the corresponding period of the previous year, registering a growth of 17.90 per cent and 10.74 per cent respectively in both the periods.

Profit after tax for the quarter and half year was Rs 336.78 crore and Rs 659.82 crore respectively as against Rs 327.72 crore and Rs 647.35 crore in the corresponding period of the previous year, registering a growth of 2.76 per cent and 1.93 per cent respectively in both the periods.

Power generation during the quarter and half year was 5273.03 MU and 10332.13 MU respectively as against 4772.62 MU and 9656.61 MU in the corresponding period of the previous year, registering a growth of 10.48 per cent and 7 per cent respectively in both the periods.

Commissioning of 358 MW of solar power plant has resulted in an increase of solar power generation during the quarter and half year ended September 30 to 325.59 MU and 590.30 MU respectively as against 121.43 MU and 202.52 MU in the corresponding period of the previous year.

Power export during the quarter and half year was 4512.63 MU and 8818.11 MU respectively as against 4004.95 MU and 8116.86 MU in the corresponding period of the previous year, registering a growth of 12.68 per cent and 8.64 per cent respectively in both the periods.

The EBIDTA for the quarter was Rs 908.73 crore as against Rs 719.01 crore, registering a growth of 26.39 per cent. The EBIDTA for half year was Rs 1663.21 crore as against Rs 1451.83 crore, registering a growth of 14.56 per cent.

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