NTPC Q1 net profit up 11.9% to Rs 5,342 crore as tax rate and finance costs fall

•NTPC's standalone net profit rose 11.9% to Rs 5,342 crore in Q1, driven by a 58.62% increase in profit before tax.

•The company's effective tax rate fell to 26.14% from 34.14% a year earlier, reflecting the new tax regime.

•Revenue from operations rose 2.71% year-on-year to Rs 42,912 crore in the generation segment, but reported segment profit fell 4.94%.

•NTPC's coal mining business was transferred to a wholly-owned subsidiary, NTPC Mining Limited, with a consideration of Rs 12,359.80 crore.