Q3 FY22: Net profit zooms 19% in Q3, NTPC declares interim dividend of Rs 4/share

NTPC has declared an interim dividend of Rs 4 per equity share after registering a rise of nearly 19.34 percent y-o-y in consolidated net profit in Q3 of FY22
NTPC acquires 600 MW Jhabua power plant via NCLT route for Rs 925 crore
NTPC acquires 600 MW Jhabua power plant via NCLT route for Rs 925 crore
  • The rise in standalone net profit of NTPC for the December quarter was larger at nearly 25 percent (Rs 4,131.99 crore) when compared to the corresponding quarter of FY21
  • 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

New Delhi: Power behemoth NTPC Ltd has 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 FY22 at Rs 4,626.11 crore. The rise in standalone net profit of NTPC for the December quarter was larger at nearly 25 percent (Rs 4,131.99 crore) when compared to the corresponding quarter of FY21. 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.

NTPC Q3 FY22: Consolidated revenue from operations up by 20.94%

Revenue from operations at consolidated level grew by 20.94 percent year-on-year to Rs 33,292.61 crore in Q3 FY22, said NTPC on Saturday. The Maharatna PSU's earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 26 percent year-on-year to Rs 11,011.61 crore and margin expanded by 132 bps y-o-y to 33.07 percent in the December quarter of FY22.

NTPC recorded 14.88% rise in generation in Q3

NTPC group has recorded gross generation of 87.92 Billion Units in Q3 FY22 and 264.70 Billion Units in 9M FY22 as against 76.53 Billion Units and 222.41 Billion Units during the previous corresponding periods of last year, registering an increase of 14.88 percent and 19.01 percent respectively. 

On standalone basis, the gross generation of NTPC for Q3 FY22 was 72.70 Billion Units and in 9M FY22 was 219.26 Billion Units as compared to 65.42 Billion Units and 193.28 Billion Units in the corresponding previous periods, registering an increase of 11.13 percent and 13.44 percent, respectively. The average tariff for nine months stood at Rs 3.91 per unit, up by 1.03 percent in comparison to Rs 3.87 per unit recorded in the corresponding period of the previous fiscal.

Coal stations achieved a Plant Load Factor (PLF) of 68.95 percent as against the national average of 57.02 percent during the 9M FY22.

(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.)

logo
PSU Watch
psuwatch.com