• Aggregate electricity generation of the power plants of the company stood higher by 3.3% to 11323.6 million units in Q3FY18 up from 10961.5 million units in corresponding previous period. While the generation of Rosa TPS was down by 10.5% to 1938 millions units and the generation of Sasan was higher by 7.2% to 8274 million units. The generation of Butibori was higher by 2.8% to 1061 million units. While generation was up by 3.3% the operational income was down by 10% to Rs 2494.65 crore. Lower availability of plants might have also lead to a hit in revenue.
• OPM for the quarter at 47.9% was higher by 630 bps compared to 41.6% in corresponding previous period. Expansion in OPM was largely due to lower fuel cost. Cost of fuel as proportion to sales was lower by 740 bps to 40.3%. The employee cost was up by 20 bps to 2.1%. Similarly the operation expenses were up by 80 bps to 9.7%.
• Other income was down by 54% to Rs 95.67 crore. The interest cost was lower by 2% to Rs 748.51 crore and depreciation was down by 30% to Rs 188.22 crore. Thus the growth at PBT was higher by 8% to Rs 354.78 crore.
• The taxation for the quarter was higher by 45% to Rs 74.44 crore. Thus the PAT eventually stood at Rs 280.34 crore, a growth of 2%.

Nine month performance

Sales were down by 7% to Rs 7412.06 crore. But with 450 bps expansion in OPM, the OP was up by 3% to Rs 3549.21 crore. While other income stand lower by 15% to Rs 310.26 crore, the interest and depreciation was higher by 6% and 1% respectively to Rs 2236.02 crore and Rs 564.52 crore. Thus the PBT was down by 7% to Rs 1058.93 crore. Eventually the PAT was up by 12% to Rs 784.34 crore as the taxation stand higher by 9% to Rs 274.59 crore.