Power producer NTPC posted a 1 per cent rise in December-quarter profit on Wednesday, missing estimate, as higher expenses weighed.
Third-quarter profit after tax from continuing operations came in at Rs 2,385 crore ($335.16 million), marginally higher from Rs 2,361 crore a year earlier, the state-owned company said.
Analysts on average expected the New Delhi-headquartered company to clock in a profit of Rs 2,619 crore, according to Thomson Reuters Refinitive data.
The company posted a 16.1 per cent rise in revenue from operations in the third quarter.
Election Results for Lok Sabha Election 2019 will be out on May 23. Get the latest election news and live updates on ndtv.com/elections. Catch all the action on NDTV Live. Like us on Facebook or follow us on Twitter and Instagram for news updates from each of the 543 parliamentary seats for the election 2019