NTPC Group profit after tax up by 20.3%

| | New Delhi
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NTPC Group profit after tax up by 20.3%

Monday, 27 May 2019 | PNS | New Delhi

The Country’s largest power generator — NTPC Ltd. which along with its group companies, has an installed capacity of 55126 MW, declared its audited annual financial results for FY19 along with the unaudited financial results for Q4 FY19 on 25 May 2019.

The Gross Generation of NTPC Group for FY19 was 305.90 Billion  units as against 294.27 Billion units during the previous year. On consolidated basis, in FY19, the Total income was  Rs 97,537.34 crore as against the Total income of  Rs 89,641.59 crore during previous year, registering an increase of 8.81%. For NTPC Group, Profit After Tax for FY19 was  Rs 12,633.45 crore as compared to  Rs 10,501.50 crore in the previous year, registering an  increase of 20.3%.

On Standalone basis, The Gross Generation of NTPC for FY19 was 274.45 Billion units as against 265.80 Billion units in the previous year thereby registering an increase of 3.26%. For Q4 FY19, NTPC generated 69.20 Billion Units as against 68.56 Billion Units generated in Q4 FY18. NTPC Coal stations achieved PLF of 76.68% in FY19 as against the National Average PLF of 61.07%.

On Standalone basis, for FY19, the Total income is  Rs 92,179.56 crore as against the Total income of  Rs 85,207.95 crore during previous year, registering an increase of 8.18%. For Q4 FY19, Total income is  Rs 22,545.61 crore as against  Rs 23,617.83 crore in Q4 FY18. Profit After Tax for FY19 is  Rs 11,749.89 crore as compared to  Rs 10,343.17 crore in the previous year, registering an  increase of 13.60%. For Q4 FY19, Profit after tax is  Rs 4,350.32 crore as against  Rs 2,925.59 crore in Q4 FY18.

The Board of Directors of NTPC Ltd. has recommended a final dividend for FY19 25% of paid-up share capital i.e. Rs 2.50 per equity share of the face value of  Rs 10/- each, subject to the approval of shareholders in the Annual General Meeting scheduled to be held in the month of August 2019. The Company had paid an Interim Dividend of ­35.80% of paid-up share capital i.e. Rs 3.58 per equity share in February 2019.

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