NTPC Q2 Results: Net profit grows 14% to Rs 5,380 crore
NTPC Limited on Thursday posted about 14 per cent rise in consolidated net profit to Rs 5,380.25 crore for the September quarter. Its net profit in the year-ago period stood at Rs 4,726.40 crore, a BSE filing said.
The total income, however, fell to Rs 45,197.77 crore in the quarter from Rs 45,384.64 crore a year ago.
The average tariff of the company was Rs 4.67 per unit during the April-September quarter this fiscal compared to Rs 4.61 per unit in the year-ago period.
The Board of Directors also approved the first interim dividend of Rs 2.50 on the face value of paid-up equity shares of Rs 10 each for the financial year 2024-25. The date of payment/dispatch of the dividend will be 18 November 2024.
The gross electricity generation of NTPC decreased to 88.46 billion units (BU) during the second quarter from 90.30 BU a year ago.
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