Tuesday 16th April 2024

NTPC – FY23 Audited Results,

May 19th, 2023 8:16 pm | By | Category: LATEST NEWS


(THE NEWSMAN OF INDIA.COM)
The Country’s largest power generator- NTPC Ltd., with a present group installed capacity of 72,304 MW, has declared the financial results for FY23 on 19 May 2023.

NTPC Group recorded the highest ever annual generation of 399 Billion Units in FY23 as compared to 361 Billion Units in FY22, an increase of ~11%. NTPC’s standalone gross generation in FY23 is 344 Billion Units as compared to 310 Billion Units in the previous year, registering an increase of ~11%.

NTPC Coal stations achieved a Plant Load Factor of 75.90% as against the National Average of 64.21% during FY23.

On standalone basis, Total Income of NTPC for FY23 was ₹ 167,724 crore as against previous year Total Income of ₹ 124,750 crore, registering an increase of 34.45%. Profit After Tax for FY23 was ₹ 17,197 crore as against ₹ 16,282 crore in FY22, registering an increase of 5.62%.

On consolidated basis, Total Income of the group for FY23 was ₹ 177,977 crore as against previous year Total Income of ₹ 134,994 crore, registering an increase of 31.84%. Profit After Tax of the group for FY23 was ₹ 17,121 crore as against corresponding previous year PAT of ₹ 16,960 crore.

The Board of Directors of NTPC Ltd. have recommended a final dividend @ 30% of paid-up share capital i.e. ₹ 3/- per equity share of face value of ₹ 10/- each for FY23, subject to the approval of the shareholders in the Annual General Meeting. The Company had paid an Interim Dividend @ 42.50% of paid-up share capital i.e. ₹ 4.25 per equity share in February 2023. This is the 30th consecutive year of dividend payment by the Company.

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