NTPC shares gain ahead of Q3 earnings

NEW DELHI: NTPC shares climbed 1 per cent in Wednesday's session ahead of the company's December quarter earnings, scheduled later today.

Experts and analysts are expecting a positive set of third-quarter numbers for the power sector player.

Brokerage Edelweiss Securities expects the company to report a 7 per cent year-on-year (YoY) rise in PAT to Rs 2,534.50 crore for December quarter, against Rs 2,360.80 crore in the corresponding quarter a year ago.


The EBITDA, as per the brokerage, may climb by 16 per cent YoY and 9 per cent sequentially, whereas the revenue of the company may see a growth of 8 per cent YoY.

Kotak Institutional Equities is slightly upbeat on the prospects of NTPC as the brokerage has estimated a 19.6 per cent YoY and 12.8 per cent sequential growth in EBITDA.

The brokerage expects NTPC to report a 15.4 per cent jump YoY in the third-quarter PAT.

Shares of the company closed 0.25 per cent up at Rs 138.90 on BSE.