NTPC's fourth-quarter profit climbed 48.7 percent to Rs.4,350 crores; announces a dividend of 3.58 rupees



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On May 25, the electricity giant NTPC, giant of electricity, realized a 48.7% jump in its self-sustaining net income of 4,350.32 crores for the March quarter compared with the same period last year, mainly because of lower spending. The company's net profit in January-March 2018 was Rs 2,925.59 million, according to a NTPC statement.

The company's total income rose from 23,617.83 million to 23.517 billion rupees in March. Spending also decreased from 20,229.26 crores to 19,008.44 crores during the quarter.

For 2018-19, net profit rose 13.60 percent to 11,749.89 crores from 10,343.17 rupees the year before. Total income amounted to Rs 92,179.56 crores in 2018-2019, compared with Rs 85,207.95 crore the previous year.

The consolidated net profit of the firm amounted to 12 633.45 crore of Rupee during the previous financial year. Total consolidated revenue also increased to last year, reaching Rs. 97,537.34 million, compared with Rs. 89,641.59 in 2017-2018.

The Board of Directors of NTPC Ltd recommended the payment of a definitive dividend at the rate of 25% of the additional capital (Rs. 2.50 per share of the nominal value of Rs. 10 each), subject to Shareholder approval at the Annual General Meeting scheduled for the month of August 2019.

The final dividend added to the interim dividend of Rs 3.58 per share for 2018-2019 paid in February 2019. This is the 26th consecutive year of dividend payment by the company.

The gross electricity production of the NTPC group for the 2015-2018 financial year was 305.90 €. billion units (UB) against 294.27 UB in the previous year. The average price of electricity from the company was 3.38 rupees per unit during the fiscal year considered.

The company's load factor or capacity utilization (PLF) of the company's coal projects fell to 79.58% in March, from 79.03% there is a year. . In 2018-19, the company's coal plants also fell to 77.6% in 2017-2018, from 77.90% to 76.68%.

The company's coal supply rose to 46.94 million tonnes in March, up from 44.36 million tonnes a year. since. During the last fiscal year, the company's domestic coal supplies also increased from 168.21 million tonnes to 175.05 million tonnes.

The company's coal imports also increased slightly to 0.66 million tonnes in March from 0.10 million tonnes a year ago. During the last fiscal year, the company's coal imports also increased from 0.32 million tonnes in 2017 to 1.05 million tonnes.

The total installed capacity of the NTPC group increased from 53,651 MW to 55,126 MW as of March 31, 2019. 31, 2018.

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