Friday, May 13, 2022

NTPC pays interim dividend of Rs 3,878.67 crore for FY 2021-22

Must read

New Delhi: India’s largest integrated power company, NTPC Limited has paid an interim dividend of Rs 3,878.67 crore for the financial year 2021-22. The dividend paid is 40 percent of the paid-up equity share capital of the company. The Board of Directors of NTPC Limited in its board meeting held on January 29, had declared an interim dividend of Rs 4 per equity share after registering a rise of nearly 19.34 percent year-on-year (y-o-y) in consolidated net profit in Q3 of FY'22 at Rs 4,626.11 crore.

For the nine-month period ending December 31, 2021, NTPC has recorded a rise of 13 percent in standalone net profit and 14 percent in consolidated net profit y-o-y.

This is the 29th consecutive year that NTPC has paid dividends.

The total installed capacity of the company is 67,832.30 MW having 23 coal-based, 7 gas-based, 1 hydro, 19 renewable energy projects. Under the joint venture, NTPC has 9 coal-based, 4 gas-based, 8 hydro and 5 renewable energy projects.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

- Advertisement -

More articles

- Advertisement -

Latest News