NTPC Green Energy posted a consolidated net profit of ₹197 crore for Q4 FY22. This marked a 15 percent drop from the same quarter a year earlier. Revenue rose 47 percent to ₹913 crore during the period.
The company attributed the profit decline to a 60 percent increase in expenses, which reached ₹713 crore. Despite the year-over-year fall, net profit rose sharply from the prior quarter, climbing 11 times higher sequentially.