India's NTPC Reports Profit Growth on Boost in Power Generation
NTPC Ltd. reported quarterly profit slightly ahead of expectations, as a recent capacity addition helped India's biggest power producer to ramp up electricity generation.
Net income in the three months through March 31 rose 4% to 57.8 billion rupees ($678 million), according to a stock exchange filing Saturday, beating the average analyst estimate of 56.9 billion rupees.
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