NTPC nets higher-ever profit in FY21

Team News Riveting

New Delhi, June 19

The Country’s largest power producer, National Thermal Power Corporation (NTPC) Ltd, declared the financial results for the financial year 2020-21 (FY21), registering the highest-ever increase of 36.16 per cent in the profit-after-tax (PAT).

A Maharatna CPSU under Ministry of Power with a present group installed capacity of 65825 MW, NTPC had registered its highest ever PAT of Rs 13,769.52 crore, as against Rs 10,112.81 crore in FY20, registering an increase of 36.16 per cent.

In FY21, NTPC group has recorded the highest ever gross generation of 314.07 Billion units as against 290.19 Billion units during the previous year. On Standalone basis, the gross generation of NTPC for FY21 was 270.91 Billion units as against 259.62 Billion units in the previous year.

Coal stations achieved a Plant Load Factor of 66.00 per cent as against National Average of 54.56 per cent with an availability factor of 91.43 per cent.

NTPC has realized more than 100 per cent of the billed amount during the year, crossing rupees one lakh crore, which is the highest ever realization.

For FY21, the total income was Rs 103,552.71 crore as against Rs 100,478.41 crore in FY20, registering an increase of 3.06 per cent.

The Board of Directors of NTPC Ltd. have recommended a final dividend @ 31.5 per cent of paid-up share capital i.e. Rs 3.15 per equity share of the face value of Rs 10/- each for FY21, subject to the approval of shareholders in the Annual General Meeting. The Company had paid an Interim Dividend @ 30 per cent of paid-up share capital i.e. Rs 3.00 per equity share in February 2021.

This is the 28th consecutive year of dividend payment by the Company.

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