NTPC net profit falls 5% to Rs 2,944 cr

Company's turnover declined to Rs 19,314.58 crore in January-March quarter

NTPC the state owned thermal power giant registered a profit after tax (PAT) of Rs 2,944 crore in Q4 of 2014-15 a decline of 5% in its net profit. 

The total income for the FY has increased from Rs 74,664.61 crore in the FY 2013-14 to Rs. 75,362.37 crore, despite stringent provisions of tariff regulations set by Central Electricity Regulatory Authority for the period 2014-2019, said the company’s statement.

Currently, NTPC has an installed capacity of 44,598 Mw. Its generation increased from 233.284 billion Units to 241.261 Billion Units. 

The company informed that during the last fiscal, it also issued bonus debenture with face value of Rs. 12.50 each, in the ratio of 1:1 for each equity share with face value of Rs 10 totaling to Rs. 10,306 crore bonanza for its shareholders.

NTPC decided to pay dividend of Rs. 2.50 per share; Rs. 0.75 per share has already been paid in February, 2015 and Rs. 1.75 per share has been approved in the board meeting held on 29^th May, 2015.

During FY 2014-15, all coal stations of NTPC achieved Declared Capacity of above 83 per cent. NTPC Coal stations achieved PLF of 80.23 per cent as against National PLF of 64.46%.