NTPC posts 11% rise in net profit in Q3 FY21 at Rs 3,315.34 cr

NTPC has posted a 10.69 percent rise in net profit in Q3 of FY2020-21at Rs 3,315.34 crore in comparison to Rs 2,995.14 crore in the corresponding quarter of the previous year
NTPC posts 11% rise in net profit in Q3 FY21 at Rs 3,315.34 cr
  • For the April-December period, NTPC' PAT grew by nearly 5% y-o-y to settle at 9,290.30 crore as against Rs 8,860.37 crore in the corresponding period of the previous financial year

  • The gross generation of NTPC in Q3 FY21 was 65.42 Billion Units (BU) as against 61.21 BU during the corresponding period of the previous year

New Delhi: State-run NTPC Limited has posted a 10.69 percent rise in net profit in Q3 of FY2020-21at Rs 3,315.34 crore in comparison to Rs 2,995.14 crore in the corresponding quarter of the previous year. For the April-December period, NTPC' profit after tax (PAT) grew by nearly 5 percent year-on-year to settle at 9,290.30 crore as against Rs 8,860.37 crore in the corresponding period of the previous financial year. On standalone basis, in Q3 FY21, NTPC's total income was Rs 25,268.56 crore as against Rs 24,022.62 crore in Q3 FY20, registering an increase of 5.19 percent. 

NTPC Board approves interim dividend of Rs 3 per share

On a nine-month basis, the total income was Rs 75,312.89 crore as against Rs 72,199.66 crore in 9M FY20, registering an increase of 4.31 percent. The Board of Directors of NTPC has approved an interim dividend for FY21 @ 30 percent of paid-up share capital ie Rs 3/- per equity share of face value of Rs 10 each.

NTPC's total expenses in Q3 of FY2020-21 was higher at Rs 21,706.97 crore against Rs 20,600.58 crore in the same quarter last year. The cost appreciated because of finance costs and employee benefit expenses.

NTPC gross power generation in Q3 up by 6.87% y-o-y

The installed capacity of the NTPC Group rose by 4,819 MW year-on-year as on December 31 to 62,975 MW. The commercial capacity increased by 6,529 MW in the same period. The gross generation of NTPC in Q3 FY21 was 65.42 Billion Units (BU) as against 61.21 BU during the corresponding period of the previous year, registering an increase of 6.87 percent. For 9M FY21, gross generation was 193.28 BU as against 191.35 BU during the corresponding period of the previous year. NTPC coal-powered stations achieved plant load factor (PLF) of 62.29 percent in the April-December period of FY21 as against the National Average PLF of 51.50 percent.

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