ICICI Direct: NTPC Logs Decent Q1 Performance In Challenging Times 

ICICI Direct: NTPC Logs Decent Q1 Performance In Challenging Times

The NTPC Ltd. power station stands in Dadri, India. (Photographer: Pankaj Nangia/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

NTPC Ltd. reported operationally decent Q1 FY21 results amid challenging times.

Despite lockdown impact, the company posted better plant load factor (PLF) data vis-a-vis industry average, hence, restricting the fall in generation far better than industry average.

Key Ebitda beat came in from lower fuel costs as ramp up in NTPC’s captive mines have started showing results.

The company took an exceptional hit in terms of one-time rebate allowed to State Electricity Boards.

Click on the attachment to read the full report:

ICICI Direct NTPC Q1FY21 Result Update.pdf
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