NTPC Q1 Review - Transitioning Towards Greener Side: ICICI Direct

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .ICICI Direct Report.NTPC Ltd. reported Q1 FY22 results, which were below estimates on account of lower-than-expected tariff and higher interest costs.Reported revenues came in at Rs 26038.5 crore versus our estimate of Rs 27140.5 crore. Key reason was lower-than-expected tariff of Rs 3.73/ kilowatt-hour.On the operational parameter front, expected generation in Q1 FY22 was at 71.7 billion units versus estimate of 71.3. billion units. On the other hand, energy sold was tad higher than estimates at 66.6 billion units versus 66.2 billion units.Plant load factor of the coal plants was at 69.7% versus 64.3% QoQ. As of Q1 FY22, commercial capacity was at 51750 megawatt whereas the installed capacity was at 52660 megawatt. On the coal mining side, NTPC has mined coal to the tune of 2.46 million tonne in Q1 FY22 versus 2.4 million tonnne mined in Q4 FY21..Click on the attachment to read the full report: .DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

NTPC Q1 Review - Transitioning Towards Greener Side: ICICI Direct

NTPC Q1 Review - Transitioning Towards Greener Side: ICICI Direct

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