Team News Riveting
New Delhi, May 19
The Board of Directors of state-run power major NTPC Limited will meet on May 24 to consider the financial statements for the fiscal ended March 31, 2024.
The board will also recommend the final dividend for the financial year 2024-25, NTPC Limited said in a regulatory filing.
“In terms of Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby intimated that a meeting of the Board of Directors of the Company is scheduled to be held at New Delhi on Saturday, 24th May 2025, to inter-alia, consider and approve annual standalone and consolidated financial statements for the financial year ended on 31st March 2025 after these results are reviewed by the Audit Committee of the Board.
Subject to approval of shareholders in the ensuing Annual General Meeting, recommendation of final dividend for the Financial Year 2024-25, if any, the company said.
NTPC has already given a dividend of Rs 2.50 in January. In 2024, the power PSU gave dividend three times – Rs 2.50 in October, Rs 3.25 in August and Rs 2.25 in February.
The company reported 3.1 per cent year-on-year (YoY) growth in standalone net profit for the October-December quarter ended December 31, 2024 to Rs 4,711.4 crore against Rs 4,571.9 crore in the same period of previous financial year.
Revenue from operations for the third quarter grew 4.8 per cent YoY to Rs 41,352.3 crore, up from Rs 39,455 crore in the year-ago period.
