State-run NTPC on Saturday posted a 12 per cent rise in standalone profit after tax at Rs 2,618 crore for the quarter ended June 30, 2017, on the back of higher revenues. NTPC’s standalone profit after tax from continuing operations in the year-ago period was Rs 2,338.6 crore, it said in a filing to BSE.
The company also said its board has approved raising up to Rs 15,000 crore through non-convertible debentures.
“The profit after tax for the quarter is Rs 2,618.17 crore as against Rs 2,338.61 crore in Q1 of FY 2016-17, registering an increase of 12