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NTPC Green Energy Q3 Results: Net profit plunges 74% YoY to Rs 17.32 crore
NTPC Green Energy Ltd, the clean energy arm of NTPC, saw its net profit plunge by 74% year-on-year to Rs 17.32 crore in the December quarter. This sharp decline was driven by a significant rise in expenses, despite the company's total income growing to Rs 684.22 crore. This news is relevant for candidates preparing for competitive exams as it provides insights into the performance of a major state-owned energy company and the challenges faced by the renewable energy sector in India.
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