State-run NTPC on Friday reported 18.90 per cent decline in standalone net profit at Rs 2,492.87 crore for the third quarter ended December due to decline in revenue from the power generation segment. The company had posted a net profit Rs 3,074 crore in the same period of last fiscal, it said in a BSE filing.
However, the company's net profit in April-December period of the current fiscal rose to Rs 7,526.50 crore as compared to Rs 7,346.83 crore in the same period a year ago. Total income of the company declined to Rs 17,657.99 crore in the quarter under review from Rs 19,371.33 crore in the corresponding period of previous fiscal.