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NTPC posts profit at Rs 4,350 cr in Q4
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NTPC posts profit at Rs 4,350 cr in Q4

Agency News

New Delhi, May 25 : NTPC Ltd, the largest power generator, on Saturday posted its net profit at Rs 4,350.32 crore in the fourth quarter ended March 2019 as against Rs 2,925.59 crore in the same quarter last year.

For the fiscal year, the company's profit after tax jumped at Rs 12,633.45 crore in 2018-19 as compared to Rs 10,501.50 crore in the previous year, registering an increase of 20.3 per cent.The gross generation of the NTPC group for FY19 was 305.90 billion units as against 294.27 billion units during the previous year, the power company said in its audited annual financial results for FY19 and unaudited results for the fourth quarter.

On consolidated basis, in FY19, the total income was Rs 97,537.34 crore as against the Rs 89,641.59 crore during previous year, registering an increase of 8.81 per cent.For the fourth quarter ended March, the NTPC generated 69.20 billion units as against 68.56 billion units generated in Q4 FY18. NTPC coal stations achieved PLF of 76.68 per cent in FY19 as against the national average PLF of 61.07 per cent.

The Board of Directors of NTPC has recommended a final dividend for FY19 at 25 per cent of paid-up share capital -- Rs 2.50 per equity share of the face value of Rs 10 each.The company had paid an interim dividend of 35.80 per cent of paid-up share capital -- Rs 3.58 per equity share in February 2019. This is the 26th consecutive year of dividend payment by the company. UNI