NTPC consolidate net profit in Q3 surges 19% as demands soar

Team News Riveting

Mumbai, January 29

State-run power major NTPC on Saturday reported a 19.34 per cent rise in its its consolidate net profit for the quarter ended December at Rs 4,626.11 crore.

NTPC group has recorded gross generation of 87.92 Billion Units in Q3 FY22 and 264.70 Billion Units in 9 months (9M) of financial year 2021-22 ( FY22) as against 76.53 Billion Units and 222.41 Billion Units during the previous corresponding periods of last year registering an increase of 14.88 per cent and 19.01 per cent respectively.

On standalone basis, the gross generation of NTPC for Q3 FY22 was 72.70 Billion Units and in 9M FY22 was 219.26 Billion Units as compared to 65.42 Billion Units and 193.28 Billion Units in the corresponding previous periods registering an increase of 11.13 per cent and 13.44 per cent respectively. Coal stations achieved a Plant Load Factor of 68.95 per cent as against National Average of 57.02 per cent during the 9M FY22.

On standalone basis, Total Income was Rs 29,837.13 crore in Q3 FY22 and Rs 85,912.38 crore in 9M FY22 as against Rs 25,268.56 crore and Rs 75,312.89 crore during the previous corresponding periods of last year. PAT was Rs 4,131.99 crore in Q3 FY22 and Rs 10,489.53 crore in 9M FY22 as against Rs 3,315.34 crore and Rs 9,290.30 crore during the previous corresponding periods of last year, registering an increase of 24.63 per cent and 12.91 per cent respectively.

On consolidated basis, Total Income was Rs 33,783.62 crore in Q3 FY22 and Rs 97,269.89 crore in 9M FY22 as against Rs 28,387.27 crore and Rs 83,859.59 crore during the previous corresponding periods of last year. PAT was Rs 4,626.11 crore in Q3 FY22 and Rs 11,760.78 crore in 9M FY22 as against Rs 3,876.36 crore and Rs 10,319.91 crore during the previous corresponding periods of last year, registering an increase of 19.34 per cent and 13.96 per cent respectively.

The Board of Directors has approved an interim dividend for FY22 @ 40 per cent of paid-up share capital i.e. Rs 4/- per equity share of face value of Rs 10/- each.

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