Logo

Logo

NTPC profit after tax up 10.21% in FY 2017-18

NTPC Ltd generated 265.80 billion units of power in 2017-18, registering an increase of 6.19%. The figure was 250.31 billion units in FY 2016-17.

NTPC profit after tax up 10.21% in FY 2017-18

NTPC Ltd, along with its group companies, has an installed capacity of 53651 MW. (Photo: NTPC)

The National Thermal Power Corporation (NTPC) Ltd has declared the audited annual financial results for the year 2017-18, along with the unaudited financial results for the fourth quarter of fiscal 2017-18.

NTPC Ltd, which along with its group companies has an installed capacity of 53651 MW, generated 265.80 billion units in 2017-18, registering an increase of 6.19% since previous year’s figure of 250.31 billion units.

NTPC generated 68.56 billion units in Q4 FY 2017-18, 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 record of 67.78 billion units generated during Q3 FY 2017-18.

Advertisement

NTPC Coal stations achieved PLF of 77.90% in FY 2017-18 as against the national average of 60.72%.

For FY 2017-18, the audited total income is Rs 85,207.95 crore — an increase of 7.39% over the previous year’s audited total income of Rs 79,342.30 crore. For Q4 FY 2017-18, the unaudited total income is Rs 23,617.83 crore against Rs 20,886.85 crore for Q4 FY 2016-17 — 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, which reflects 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 the 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 the 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 at the rate of 23.90% of the 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, the total dividend for the FY 2017-18 will be 51.20% of the paid-up share capital i.e. Rs 5.12 per equity share. This is the 25th consecutive year of dividend payment.

Advertisement