Business Standard

NTPC net up marginally

Image

BS Reporter New Delhi

State-run power producer NTPC has posted a marginal 0.25 per cent increase in its net profit at Rs 2,371 crore for the third quarter ended December 31, compared to Rs 2,365 crore in the same quarter last year. The company, however, recorded 18.43 per cent increase in its total income for the third quarter at about Rs 14,166 crore against Rs 11,961.31 crore for the same quarter of the previous year, NTPC said in a statement here.

The Board of Directors has recommended an interim dividend of 30 per cent on Rs 10 face value of the share — Rs 3 per equity share. The dividend will be paid on February 14. At present, the company has a capacity of 33,000 MW and it plans to ramp it up to 75,000 MW by 2017.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 01 2011 | 1:13 AM IST

Explore News