NTPC This autumn Outcomes: Web revenue rises 33%; produces report electrical energy in FY24; declares dividend of ₹3.25 per share

Public sector energy generator NTPC posted a consolidated web revenue of ₹6,490.05 crore for the fourth quarter of 2023-24, up 33 per cent from ₹4,871.5 crore in 2022-23.

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The standalone complete earnings of the corporate for the monetary 12 months stood at ₹1,65,707 crore, as in opposition to the earlier 12 months’s complete earnings of ₹1,67,724 crore. The consolidated web revenue was up 24.5 per cent from ₹5,208.87 crore within the December quarter, the Ministry of Energy added in a launch on Saturday.

On a consolidated foundation, the entire earnings of the group for FY24 was ₹1,81,166 crore as in opposition to the earlier 12 months’s complete earnings of ₹177,977 crore, registering a rise of two per cent. Revenue after tax of the group for FY24 was ₹21,332 crore as in opposition to the corresponding earlier 12 months PAT of ₹17,121 crore, registering a rise of 24.60 per cent.

The corporate reported income from operations at ₹47,622.06 crore, a rise of seven.6 per cent in comparison with ₹44,253.17 crore a 12 months in the past. Revenue After Tax (PAT) for FY24 was ₹18,079 crore as in opposition to ₹17,197 crore in FY23, a rise of 5 per cent.

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The corporate’s board has really helpful a last dividend of ₹3.25 per fairness share, topic to the approval of shareholders within the ensuing Annual Normal Assembly. The full dividend for the 12 months can be ₹7.75 per fairness share as in comparison with ₹7.25 per fairness share final 12 months, the submitting added. That is the thirty first consecutive 12 months of dividend funds by the facility sector public sector unit.

The PSU noticed the highest-ever annual electrical energy era of 422 billion items in FY24 as in comparison with 399 billion items in FY23, a rise of 6 per cent. NTPC’s standalone gross era in FY24 was 362 billion items as in comparison with 344 billion items within the earlier 12 months, registering a rise of 5 per cent.

NTPC coal stations achieved a plant load issue of 77.25 per cent as in opposition to the nationwide common of 69.49 p.c throughout FY24, the facility ministry added.