NTPC Reported 48.7% Net Profit

NTPC posted a 48.7 per cent jump in its standalone net profit at Rs 4,350.32 crore for the March quarter compared to the year-ago period mainly on the back of lower expenses. The company's standalone net profit in January-March 2018 was Rs 2,925.59 crore, an NTPC statement said. The company's total income slipped to Rs 22,545.61 crore in the March quarter from 23,617.83 crore year ago. Expenses also decline to Rs 19,008.44 crore in the quarter from Rs 20,229.26 crore.