NTPC Q4 Results: Net profit grows 14% to Rs 5,167 crore, revenue rises 25%
- NTPC reported a rise of 14% in its net profit of Rs 5,167 crore
- Revenue from operations increased 23.8% to Rs 37,085 crore
- Board of Directors has recommended the final dividend of Rs 3 per equity share
State-owned power major NTPC reported a rise of 14% in its consolidated net profit of Rs 5,167 crore for the March quarter of the financial year 2022. The company had reported a profit of Rs 4,542 crore in the year-ago period.
Revenue from operations increased 23.8% to Rs 37,085 crore in March 2022 quarter as against Rs 30,103 crore in the year-ago period. Total income in the March quarter rose to Rs 37,724.42 crore from Rs 31,687.24 crore in the same quarter of the previous financial year.
Also Read | Why wealth inequality feeds into a poverty loop
NTPC’s EBITDA stood at Rs 11,426 crore in the March 2022 quarter, which was Rs 7,773 in the year-ago period. EBITDA margins jumped to 31% in the reported quarter against 26% in the same quarter of the previous financial year. EBITDA stands for earnings before interest, taxes, depreciation, and amortization.
In the full-financial year 2021-21, consolidated net profit climbed to Rs 16,960.29 crore from Rs 14,969.40 crore in fiscal 2020-21.
Also Read | Economists expect more aggressive rate hikes from RBI after hawkish minutes
Total income rose to Rs 134,994.31 crore in the last financial year from Rs 115,546.83 crore in the financial year 2020-21.
The average tariff of the firm was Rs 3.98 per unit in fiscal 2021-22 as against Rs 3.77 per unit in fiscal 2020-21. The total installed capacity of NTPC increased by 3,151.68 megawatts (MW) during the year to 68,961.88 MW in the financial year 2021-22.
Also Read | Elon Musk blames so-called ‘left’ for sexual harassment report
The Board of Directors has recommended the final dividend of Rs 3 per equity share for the financial year 2021-22, subject to the approval of the shareholders in the upcoming general meeting. The final dividend is in addition to the final dividend of Rs 4 per equity share for the financial year 2021-22 paid in February 2022, the company said in a regulatory filing.
Also Read | In Sri Lanka, a looming food crisis creates hunger fears
Shares of NTPC on Friday closed 0.91% higher at Rs 149.35 per share on the Bombay Stock Exchange (BSE).
Related Articles
ADVERTISEMENT