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.

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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.

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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.

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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.

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Shares of NTPC on Friday closed 0.91% higher at Rs 149.35 per share on the Bombay Stock Exchange (BSE).