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Business EconomyPosted at: Jan 29 2016 4:59PM


NTPC Q3 net dips by 18.90 percent

Mumbai, Jan 29(UNI)NTPC, India's largest energy conglomerate has reported a drop of 18.90 percent in its standalone net profit for the quarter ended December 2015 at Rs 2492.87 crore compared with net profit of Rs 3074.00 crore in the same quarter previous year.
Total Income has decreased from Rs 19371.33 crore for the quarter ended December 31, 2014 to Rs. 17657.99 crore for the quarter ended December 31, 2015, repersenting a drop of 8.84 percent Operating margin for the quarter stood at 26.55 percent as compared to 24.17 percent for the previous year period. Operating Income for the quarter was Rs 4623.52 crore, compared with Rs 4556.89 crore in the previous year period.
Earnings per share for the quarter stood at Rs 3.02, registering 19.03 percent decline over previous year period.
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