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

The Fifteenth Finance Commission hold discussions with its Economic Advisory Council

The Fifteenth Finance Commission (XVFC) had an online meeting with its Advisory Council and other ...

EESL to procure 250 Electric Vehicles from TATA Motors Limited & Hyundai Motor India Ltd

Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control ...

WCL Offers Cheaper Coal to Power Gencos

In a bid to help power gencos to reduce their generation cost, Western Coalfields Limited ...

Shri Dharmendra Pradhan addresses USISPF-3rd annual leadership summit; Invites US companies to partner in Aatmanirbhar Bharat campaign

Minister of Petroleum and Natural Gas and Steel, Shri Dharmendra Pradhan today participated in the ...

Government Blocks 118 Mobile Apps Which are Prejudicial to Sovereignty and Integrity of India, Defence of India, Security of State and Public Order

The Ministry of Electronics and Information Technology, Government of India invoking it’s power under section ...

India aims to achieve 100 MT coal gasification target by 2030: Pralhad Joshi 

  India aims for 100 million tonnes (MT) coal gasification by 2030 with investments worth ...

India will play a leading role in the future global political framework in terms of economy and Disaster Risk Management:Nityanand Rai

  The Union Minister of State for Home Affairs, Shri Nityanand Rai has said that ...

Ministry of Shipping has facilitated more than 1 lakh crew change in Indian ports and charted flights

Ministry of Shipping has facilitated more than 1,00,000 crew change on Indian ports and through ...

Structural Reforms are a Key Priority of the Government: Finance Minister

Addressing the captains of the Indian Industry, Union Minister of Finance and Corporate Affairs, Smt. ...

Government of India and AIIB sign agreement for $500 million to improve the network capacity, service quality and safety of the suburban railway system in Mumbai

The Government of India, the Government of Maharashtra, Mumbai Railway Vikas Corporation and the Asian ...

WP2Social Auto Publish Powered By : XYZScripts.com