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regular-article-logo Tuesday, 05 November 2024

NTPC profit up 38 per cent at Rs 4,726.40 crore on back of higher revenues

The board in its meeting held on Saturday also approved the first interim dividend of this fiscal at the rate of 22.5 per cent (Rs 2.25 per share) on the face value of paid-up equity shares of Rs 10 each

PTI New Delhi Published 29.10.23, 07:31 AM
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Representational image File image

NTPC on Saturday posted an over 38 per cent rise in consolidated net profit at Rs 4,726.40 crore for the September quarter on the back of higher revenues.

Net profit in the year-ago period stood at Rs 3,417.67 crore, a BSE filing said.

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Total income rose to Rs 45,384.64 crore in the quarter from Rs 44,681.50 crore in the same period a year ago.

The board in its meeting held on Saturday also approved the first interim dividend of this fiscal at the rate of 22.5 per cent (Rs 2.25 per share) on the face value of paid-up equity shares of Rs 10 each.

The date of payment/dispatch of the dividend shall be November 23.

The average tariff of the company was Rs 4.61 per unit during April-September this fiscal year compared with Rs 4.77 per unit a year ago.

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