NTPC Q2 Net Income Misses Estimate

State-owned power generator NTPC Ltd. reported net income for the quarter-ended September that missed analysts’ estimate, on Saturday.Net income came in Rs 3,331 crore, up 5.53% YoY, but lagged the Bloomberg consensus estimate of Rs 3,597 crore. The company had reported net income of Rs 3,716.96 in the quarter-ended June. This implies a decline of 10.38% on a sequential basis.Q2FY2022-23 Results Highlights (Standalone, YoY)Revenue up…

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