NLCIL | Financial Results for the Quarter and Half Year

Profit for the half year ended 30^th Sept 2018 is Rs.647.35 Cr compared to Rs.642.97 Cr in the corresponding period of previous year, registering a marginal growth.Lignite production during the half year ending 30^th Sept 2018 is 99.41 LT compared to 101.26 LT in the corresponding period of previous year.

Power sale during the half year ending 30^th Sept 2018 is 8,116.98 MU as against 8,617.76 MU in the corresponding period of previous year.Lignite sale during the half year ending 30^th Sept 2018 is 15.82 LT as against 6.26 LT in the corresponding period of previous year.The total Revenue of the Company during the half year ending 30^th Sept 2018 is Rs.3,722.18 Cr as against Rs.4,459.09 Cr in the corresponding period of the previous year. Reduction in turnover is mainly on account of non-applicability of Clean Energy Cess after introduction of GST and application of INDAS 115 from 1^st April’2018 by the Company and these having no impact on bottom line.

The power surrender (net) during the half year ending 30^th Sept 2018 is reduced to 1,217.31 MU as against 1,399.07 MU in the corresponding period of the previous year.