NTPC To Report Earnings On July 27: What To Expect
Take Stock Of The Week Ahead

Get all the latest Share Market trends and news to set you up for the week ahead.

NTPC is set to report earnings for the quarter ended June on Saturday, July 27.

What To Expect: Analysts at JM Financial expect the power major to post net sales of ₹44,300 crore in the June quarter, marking a 3% year-on-year increase. The brokerage projects NTPC’s EBITDA at ₹12,800 crore and anticipates an 8% rise in profit after tax (PAT) from the year-ago period.

See Also: Texmaco Rail Shares Soar 5% After Major Acquisition To Expand Wagons Market Presence

Analysts at Antique Broking said that sector leader NTPC will benefit from the increase in power demand in the country. “It also continues to see an increasing trend of coal dispatch from its captive coal mines,” the analysts added in the preview note.

The brokerage expects the company sales to be at around ₹41,195 crore, and EBITDA at around ₹11,740 crore. Net profit is expected to go up around 5% to ₹4,267 crore.

Price Action: NTPC’s share price was up 0.34% to trade at ₹393.50 in early trade on Friday.

Read Next: Tata Power Shares Jump 3% After Brokerage Initiates Coverage With ‘Buy’ Rating

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Comments
Loading...