NTPC Q3 profit up 22 per cent to Rs 2,597 crore

National Thermal Power Corporation (NTPC), India's largest power generator, has reported a 21.89 per cent rise in net profit at Rs 2,597 crore in the third quarter ended December 2012, against Rs 2130 crore in the same period last year.

The company in a filing to the Bombay Stock Exchange (BSE) said its total income in the third quarter of current fiscal rose to Rs 16,529 crore from Rs 16,244 crore in the year-ago period, which is an increase of 1.76 per cent.

Net sales of the company increased 2.89 per cent to Rs 15,775 crore for the quarter, compared to Rs 15,332 crore in the corresponding period a year ago.

NTPC currently has a generation capacity of 39,674 MW.

Shares of the company closed 1.46 per cent down at Rs 161.75 on the Bombay Stock Exchange.