NTPC – H1 FY24 Unaudited Results: PAT up 13% (Standalone) & 30% (Consolidated)
Team News Riveting
New Delhi, October 28
India’s largest integrated power utility – NTPC Ltd., with a present group installed capacity of almost 74 GW, on Saturday declared unaudited financial results for Quarter and Half-Year ending on September 30, 2023.
NTPC Group generated 212 Billion Units in (first half) H1 of the financial year 2023-24 (FY24) as compared to 204 Billion Units in H1 FY23. NTPC’s standalone gross generation in H1 FY24 is 179 Billion Units as compared to 176 Billion Units in the corresponding previous period.
NTPC Coal stations achieved a Plant Load Factor of 76.62 per cent as against the National Average of 68.75 per cent during H1 FY24.
On standalone basis, the Total Income of NTPC for H1 FY24 is Rs 81,199 crore as against the
corresponding previous period total income of Rs 82,537 crore. Profit After Tax (PAT) for H1 FY24 is Rs
7,951 crore as against Rs 7,048 crore in H1 FY23, registering an increase of 13 per cent. The increase is
largely attributable to capacity addition and higher station availability.
On consolidated basis, the Total Income of the group for H1 FY24 is Rs 88,775 crore as against the
corresponding previous period total income of Rs 88,242 crore. Profit After Tax (PAT) of the group for
H1 FY24 is Rs 9,634 crore as against the corresponding previous period PAT of Rs 7,396 crore,
registering an increase of 30 per cent.
The Board of Directors has approved First interim dividend for FY24 @ 22.5 per cent of paid-up share
capital i.e. Rs 2.25 per equity share of face value of Rs 10 each.
