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26 April, 2024 09:53 IST
NLC India reports 69.27 LT of lignite production in Q2FY1
Source: IRIS | 09 Dec, 2016, 12.20PM
Rating: NAN / 5 stars.
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NLC India has improved its Production Performance for current quarter ending September 30, 2016. The production of lignite production in the current quarter ending September 30, 2016 was 69.27LT as against 60.21LT, registering physical growth of 15.0% when compared to the corresponding quarter of previous year. Similarly the Power Generation in the current quarter was 5254.83 MU as against 4963.47 MU in the correspond ding quarter of the last year with a growth of 5.9%.

The total Sales Revenue of the company for the 2nd Quarter of 2016-17 stood at Rs 20.56 billion as compared to Rs 17.18 billion in the same Quarter last year registering a positive growth of 19.7%. The total sales revenue of the company for the 1st half year of 2016-17 stood at Rs 39.38 billion as compared to Rs 35.64 billion in the same period last year registering a positive growth of 10.5%.

However, the company's Net Profit during the current Quarter stood at Rs 4.40 billion as compared to Rs 5.25 billion in the same Quarter last year. Similarly the company's Net Profit during the six month stood at Rs 7.93 billion as compared to Rs 10.83 billion in the corresponding six months last year.

Shares of the company declined Rs 1.9, or 2.37%, to trade at Rs 78.40. The total volume of shares traded was 14,822 at the BSE (12.09 p.m., Friday).

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