Q3FY23 results: Net profit of NTPC surges by 8%

NTPC Group generated 295 BU in nine months in the financial year FY23 as compared to 265 BU in the nine months of FY22
Q3FY23 results: Net profit of NTPC surges by 8%
Q3FY23 results: Net profit of NTPC surges by 8%

New Delhi: State-owned NTPC Ltd with present installed capacity of 71,544 MW, declared its unaudited financial results for Q3FY23 on Saturday. NTPC Group generated 295 Billion Units in nine months in the financial year FY23 as compared to 265 Billion Units in the nine months of FY22, registering an increase of approximately 11 percent.

NTPC's standalone gross generation in nine months for FY23 is 255 Billion Units as compared to 227 Billion Units in the corresponding nine months during previous year, registering an increase of approximately 12 percent.

NTPC Coal stations achieved a Plant Load Factor of 74.45%

NTPC Coal stations achieved a Plant Load Factor of 74.45 percent as against the National Average of 63.27 percent during the nine months of FY23.

Total income of NTPC for nine months in FY23 is Rs 124,685.49 cr

On standalone basis, total income of NTPC for nine months in FY23 is Rs 124,685.49 crore as against corresponding previous period total income of Rs 89,314.50 crore, registering an increase of 39.60 percent.  Profit After Tax for nine months in FY23 is Rs 11,524.41 crore as against Rs 10,663.69 crore for nine months in FY22, registering an increase of 8.07 percent.

On consolidated basis, total income of the group for the nine-month period in FY23 is Rs  133,231.43 crore as against corresponding previous period total income of Rs 97,269.89 crore, registering an increase of 36.97 percent. Profit After Tax of the group for the nine-month period in FY23 is Rs 12,249.80 crore as against corresponding previous period PAT of Rs 11,760.78 crore, registering an increase of 4.16 percent.

BoDs approved interim dividend of Rs 4.25 per equity share

The Board of Directors have approved an interim dividend for FY23 at the rate of 42.50 percent of paid-up share capital i.e., Rs 4.25 per equity share of face value of Rs 10 each.

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