NTPC Q1 net falls 3 percent on lower generation
The Company has posted a net profit of Rs.
However, there were a few silver linings in the in the gloomy financial picture.
CCI this month imposed a penalty of Rs 251.07 crore on New India Assurance, Rs 162.8 crore on National Insurance, Rs 156.62 crore on United India Insurance and Rs 100.56 crore on Oriental Insurance, respectively. The company says that the response to the ISL is unprecedented and has given a huge advantage to the Den brand. Sun TV’s operating margin soared to 59.2 percent and its income from advertising rose 16 percent to 324 crore rupees. Domestic premium touched Rs 3,877 crore in the first quarter against Rs 3,398 crore in the previous year at a growth rate of 14.08 per cent.
As on June 30, the company’s total installed power generation capacity was 45,048 MW compared to 43,128 MW on the same date a year ago.
Profit was down marginally in the first quarter of the current fiscal mainly because of a low demand for power as indicated in its key performance indicators for the period.
Sun TV Network Ltd’s revenues increased 5.9% to Rs 691.09 crore for the quarter ended June 30, 2015 from Rs 548.58 crore in the last quarter. The profit before taxes (PBT), excluding IPL was Rs 356.95 crore, while the PBT including IPL was Rs 300.34 crore.