NTPC shares in focus after Q3 PAT rises 3% YoY
NTPC will remain in focus on Monday, January 27 after the company declared its quarterly results for the period ended December 2024, posting a 3.1% year-on-year (YoY) increase in standalone net profit.
The PAT for the said quarter was reported at Rs 4,711.4 crore, compared to Rs 4,571.9 crore in the same period last year.
Meanwhile, revenue from operations for the quarter grew 4.8% YoY to Rs 41,352.3 crore, up from Rs 39,455 crore in the year-ago period.
On a consolidated basis, NTPC's net profit saw a slight decline to Rs 5,169.7 crore in Q3 FY24, down from Rs 5,208.87 crore, largely attributed to increased tax expenses and adjustments. Meanwhile, consolidated revenue from operations grew to Rs 45,052.8 crore, up from Rs 42,820.4 crore in the corresponding quarter of the previous year.
The Board of Directors has also approved a second interim dividend of 25% (Rs 2.5 per share) on equity shares with a face value of Rs 10 for FY25. NTPC has designated Friday, January 31, 2025, as the record date to determine shareholder eligibility, with the payment scheduled for February 18, 2025.
Stock Trading
Maximise Returns by Investing in the Right Companies
By — The Economic Times, Get Certified By India's Top Business News Brand
Stock Trading
Market 104: Options Trading: Kickstart Your F&O Adventure
By — Saketh R, Founder- QuickAlpha, Full Time Options Trader
Stock Trading
Technical Analysis for Everyone — Technical Analysis Course
By — Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities
Stock Trading
Stock
