NTPC Q4 net profit rises 25% to 5,622 cr, declares dividend

On Friday, NTPC shares closed 0.91% higher at  ₹149.35 apiece on NSE. (Reuters)Premium
On Friday, NTPC shares closed 0.91% higher at 149.35 apiece on NSE. (Reuters)
1 min read . Updated: 20 May 2022, 05:19 PM IST Livemint

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State-owned NTPC Ltd reported 25% growth in its standalone net profit to 5,622 crore in the three months to march, mainly on the back of higher revenues. The profit compares with 4,479 crore clocked in the last year period.

Revenue from operations rose 24% to 32,905 crore during the fourth quarter, compared with 26,567 crore a year ago.

NTPC's board has recommended a final dividend of 3 per equity share for the 2021-22. This will be in addition to the interim dividend of 4 per equity share for the paid in February 2022.

The average power tariff of the firm was at 3.98 per unit in 2021-22 as against 3.77 per unit in 2020-21.

The coal supply to power plants increased to 52.28 Million Metric Tonnes (MMT) in the March quarter from 45.68 MMT in the same period a year ago. Similarly, the coal supply to power plants rose to 195.63 MMT in the last fiscal from 170.24 MMT in 2020-21.

The supply of imported coal also increased from 1.07 MMT in the March quarter from 0.31 MMT in the same period a year ago.

During 2021-22, the imported coal supply to power plants rose to 2.47 MMT from 0.92 MMT in 2020-21.

Its gross power generation also increased to 79.92 billion units (BU) in March quarter from 77.63 BU in the same period a year ago.

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Its gross power generation also increased to 299.18 BU in fiscal 2021-22 from 270.90 BU in 2020-21.

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