NLCIL – Q1 results

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Rakesh Kumar CMD NLC India
Rakesh Kumar CMD NLC India

During the Quarter the power generation and power sale was 5059.11 MU and 4305.91 MU respectively compared to 4883.91 MU and 4111.89 MU in the corresponding quarter of the previous year registering a growth of 3.59% in power generation and 4.72% in power sale.The company has commissioned 163 MW of Solar Power during the quarter taking its renewable foot print to 857.56 MW at the end of the quarter ended 30th June, 2019. Renewable power generation during the quarter is 291.89 MU as against 116.53 MU in the corresponding quarter of previous period.

Plant Load Factor (PLF) of Thermal Plants achieved during the quarter is 69.52% as against 67.37% in the corresponding quarter of previous year.Average Thermal Tariff during the quarter is Rs.3.70/Kwh compared to Rs.3.93/Kwh in the corresponding quarter of previous year. Accordingly, during the quarter Power surrender has reduced by 11.18% i.e., from 366.02 MU to 325.10 MU.

During the quarter Lignite production has increased from 36.20 LT to 43.77 LT registering a growth of 20.91%. During the Quarter total income is Rs.1904.03 Crore as against Rs.1841.11 Crore in the corresponding quarter of previous year, registering a growth of 3.42%.Profit after tax (PAT) for the quarter is Rs.323.04 Crore as against Rs.319.63 Crore in the corresponding quarter of previous period registering a growth of 1.07%.EBITDA for the quarter is Rs.754.48 Crore as against Rs.732.83 Crore in the corresponding quarter of previous period registering a growth of 2.95%.

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