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NTPC Green Energy Profit Jumps 18% in Q3 to Rs 66 Cr

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By Rediff Money Desk, New Delhi   Jan 25, 2025 14:53

NTPC Green Energy Ltd (NGEL) reported an 18% rise in consolidated net profit to Rs 65.61 crore for the December quarter FY25, driven by higher income. Total income rose to Rs 581.46 crore from Rs 463.46 crore.
NTPC Green Energy Profit Jumps 18% in Q3 to Rs 66 Cr
New Delhi, Jan 25 (PTI) NTPC Green Energy Ltd (NGEL) on Saturday
reported 18 per cent rise in consolidated net profit at Rs 65.61 crore for December quarter FY25, on account of higher income.

It had logged Rs 55.61 crore net profit in the year-ago quarter, the company said in an exchange filing.

Total income rose to Rs 581.46 crore from Rs 463.46 crore. Expenses were at Rs 482.22 crore as against Rs 383.28 crore.

Recently listed NGEL is an umbrella company for the green business initiatives of NTPC and undertakes projects through organic and inorganic routes.

On Friday, NGEL said its arm NTPC Renewable Energy Limited (NTPC REL) has won a 300 megawatt (MW) solar project from NHPC bidder in the e-reverse auction conducted by NHPC.
Source: PTI
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