NTPC Ltd. profit after tax up by 10.21 %

Speed Post News Network

New Delhi : The Country’s largest power generator, NTPC Ltd, which along with its group companies has an installed capacity of 53,651 MW, declared 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, according to a PIB release. NTPC Coal stations achieved PLF of 77.90% in FY 2017-18 as against National Average of 60.72%.

For FY 2017-18, its 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 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.

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 at 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 25^th consecutive year of dividend payment.