Home » COAL » NTPC Ltd.- profit after tax up by 10.21% 

NTPC Ltd.- profit after tax up by 10.21% 

The Country’s largest power generator – NTPC Ltd. who along with its group companies, has installed capacity of 53651 MWdeclared the audited annual financial results for the year 2017-18 along with the unaudited financial results for fourth quarter of the year 2017-18.

For FY 2017-18, NTPC Ltd. generated 265.80 Billion Units against 250.31 Billion Units generated in the previous year, registering an increase of 6.19%. For Q4 FY 2017-18, NTPC generated 68.56 Billion Units against 63.77 Billion Units generated in Q4 FY 2016-17, registering an increase of 7.51%. The generation during Q4 FY 2017-18, is the highest quarterly generation, surpassing previous highest quarterly generation of 67.78 Billion Units during Q3 FY 2017-18. NTPC Coal stations achieved PLF of 77.90% in FY 2017-18 as against National Average of 60.72%.

For FY 2017-18, Audited Total Income is Rs. 85,207.95 crore, registering an increase of 7.39% over the previous year Audited Total Income of Rs. 79,342.30 crore. For Q4 FY 2017-18, Unaudited Total Income is Rs. 23,617.83 crore against Rs. 20,886.85 crore for Q4 FY 2016-17, registering an increase of 13.08%.

Audited Profit After Tax for FY 2017-18 is Rs. 10,343.17 crore as compared to Rs. 9,385.26 crore in the previous year, registering a growth of 10.21%. For Q4 FY 2017-18, unaudited Profit After Tax is Rs. 2,925.59 crore against Rs. 2,079.40 crore in Q4 FY 2016-17.

The Gross Generation of NTPC Group for financial year 2017-18, is 294.27 Billion Units as against 276.77 Billion Units during previous year. On consolidated basis, for the financial year 2017-18, the Audited Total Income is Rs. 89,641.59 crore as against the Audited Total Income of Rs. 83,009.31 crore during previous year. Audited Profit After Tax for FY 2017-18 is Rs. 10,501.50 crore as compared to Rs. 10,713.94 crore declared in FY 2016-17.

The Board of Directors of NTPC Ltd. has recommended final dividend for the financial year 2017-18 @ 23.90­­­­­­% of paid-up share capital i.e. Rs.­­ 2.39 per equity share of the face value of Rs. 10/- each, subject to the approval of shareholders in the Annual General Meeting scheduled to be held in September 2018. The Company had paid Interim Dividend at the rate of ­­­27.30% of paid-up share capital i.e. Rs.­­ 2.73 per equity share in February 2018. Thus, total dividend for the Financial Year 2017-18 will be 51.20% of the paid-up share capital i.e. Rs. 5.12 per equity share. This is the 25thconsecutive year of dividend payment.

About Indianindustry Media

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

IICA and HP India launch HP Future Impact Leaders – IICA Certified Environmental-Social-Governance (ESG) Professional Programme

The Indian Institute of Corporate Affairs (IICA), an autonomous institute under the Ministry of Corporate ...

Coal Sector Shows Highest Growth of 11.6 % among Eight Core Industries in February 2024

The coal sector has exhibited highest growth of 11.6 % (provisional) among the eight core ...

RBI plays a pivotal role in advancing our nation’s growth trajectory

The Prime Minister, Shri Narendra Modi addressed the opening ceremony of RBI@90, a program marking ...

CCI approves 100% acquisition of Lanco Amarkantak Power Limited by Adani Power Limited

The Competition Commission of India (CCI) has approved 100% acquisition of Lanco Amarkantak Power Limited ...

Decline in Share of Coal Import

There has been a reduction in the share of coal import in the total coal ...

NTPC Group crosses 400 Billion Units (BU) of power generation in 2023-24, surpassing electricity generated in previous year

NTPC Group has crossed the mark of 400 Billion Units (BU) of total electricity generation ...

One More Coking Coal Mine Auctioned on Third Day of Auctions On third day of ...

Competition Commission of India notifies three distinct regulations on determination of turnover, settlement, commitment and penalty guidelines in relation to an enterprise

The Competition Commission of India (CCI) has notified three regulations viz. THE CCI (SETTLEMENT) REGULATIONS, 2024; THE ...

Ministry of Corporate Affairs revises threshold limits for value of Assets and Turnover for purposes of combination filings under Competition Act, 2002 as a step towards ‘Ease of doing Business’

The Ministry of Corporate Affairs has revised the existing threshold value of assets and turnover ...

DoT initiates Spectrum Auction to augment the existing telecom services and maintain continuity of services Issues Notice Inviting Applications today to this effect

Department of Telecom (DoT) has initiated the Spectrum Auction to augment the existing telecom services ...

WP2Social Auto Publish Powered By : XYZScripts.com