Shares of NTPC rose nearly 6 percent after the state-run power giant posted a 48.7 percent increase in its standalone net profit at Rs 4,350.32 crore for the March quarter (YoY) on the back of lower expenses. NTPC shares rose as much as 5.7 percent to Rs 136.60 per share on BSE in morning trade. At 10:10 am, the stock price was up 5.1 percent at Rs 135.80 per share as compared to a 0.5 percent (182 points) rise in BSE Sensex at 39,616.

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The company's total income slipped to Rs 22,545.61 crore in the March quarter from 23,617.83 crore year ago. Expenses also decline to Rs 19,008.44 crore in the quarter from Rs 20,229.26 crore.

For 2018-19, standalone net profit rose by 13.60 percent to Rs 11,749.89 crore compared to Rs 10,343.17 crore in the previous year. Total income was Rs 92,179.56 crore in 2018-19, up from Rs 85,207.95 crore during the previous year.

Consolidated net profit of the firm rose to Rs 12,633.45 crore in 2018-19 from Rs 10,501.50 crore in the previous fiscal. Total consolidated income also rose to Rs 97,537.34 crore in the last fiscal from Rs 89,641.59 in 2017-18.

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