NTPC Ltd.- profit after tax up by 10.21%
May 28th, 2018 10:59 pm | By ThenewsmanofIndia.com | Category: TOP STORIES
(THE NEWSMAM OF INDIA.COM)
The Country’s largest power generator – NTPC Ltd. Of which Gurdeep Singh is the CMD, NTPC along with its group companies, has installed capacity of 53651 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.
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 25th consecutive year of dividend payment.
Government News
- RK Chaudhary, CMD, addressed NHPC employee 09/06/2024
- Union Textile Minister visits NBCC Executed Int. Craft Complex 09/06/2024
- Maharashtra Guv inaugurates iconic statue of NSE Bull 09/06/2024
- REC wins “Nodal Agency of the Year” Awards 2024 09/05/2024
- RECPDCL Hands Over Tumkur-II REZ Power Transmission to M/s G.R. Infraprojects 09/04/2024