By Ben Otto
NTPC Ltd.'s fiscal third-quarter net profit rose 6.2% from a year earlier, helped by a jump in revenue from power generation.
The New Delhi-based power company posted net profit of 47.77 billion rupees ($586.0 million) in the quarter ended December, up from INR44.99 billion in the same period a year earlier, it said Saturday.
Revenue from operations, the bulk of which comes from power generation, increased 34% on year INR446.02 billion.
Gross power generation in the quarter rose 3.9% on year, the company said.
Write to Ben Otto at ben.otto@wsj.com
(END) Dow Jones Newswires
01-29-23 2135ET