NTPC share price rose after the company announced that its unit, NTPC Green Energy has signed a MoU with CSPGCL to develop up to 2000 MW renewable energy projects including floating solar
The rise in NTPC share price came after the market regulator Securities and Exchnage Board of India (Sebi) approved NTPC Green Energy's initial public offering (IPO)
State-owned power giant NTPC Limited on Thursday posted about 14 per cent rise in consolidated net profit to Rs 5,380.25 crore for the September quarter. Its net profit in the year-ago period stood at Rs 4,726.40 crore, a BSE filing said. The total income, however, fell to Rs 45,197.77 crore in the quarter from Rs 45,384.64 crore a year ago. The average tariff of the company was Rs 4.67 per unit during the April-September quarter this fiscal compared to Rs 4.61 per unit in the year-ago period. The Board of Directors also approved the first interim dividend of Rs 2.50 on the face value of paid-up equity shares of Rs 10 each for the financial year 2024-25. The date of payment/dispatch of the dividend will be 18 November 2024. The gross electricity generation of NTPC decreased to 88.46 billion units (BU) during the second quarter from 90.30 BU a year ago. Its coal output from captive mines increased to 9.03 MMT in the quarter from 5.59 MMT in the year-ago period. The production als
State-owned NTPC on Saturday posted 12 per cent rise in consolidated net profit at Rs 5,506.07 crore for the June quarter, mainly on the back of higher income. In the year-ago period, its net profit stood at Rs 4,907.13 crore, the company said in an exchange filing. Total income rose to Rs 48,981.68 crore from Rs 43,390.02 crore in the same period a year ago. Expenses stood at Rs 41,844.18 crore against Rs 36,963.61 crore a year ago. NTPC's consolidated power generation rose to 114 billion units (BUs) in Q1 FY25 from 104 billion units in Q1 FY24. On standalone basis, the company reported a net profit of Rs 4,511 crore, around 11 per cent higher as against Rs 4,066 crore in the year-ago period. Total income was at Rs 45,053 crore as against Rs 39,681 crore in April-June 2023-24. The company's standalone power generation was at 98 billion units, higher from 88 billion units in the year-ago period. NTPC coal stations achieved a plant load factor of 80.39 per cent during Q1 FY25 as
ICICI Securities stressed upon NTPC's position in the increasing total addressable market for power capex, benefiting from both conventional and renewables sectors
State-owned power giant NTPC on Friday posted a 33 per cent rise in its consolidated net profit to Rs 6,490.05 crore in the March 2024 quarter, mainly on the back of higher revenues. The company had reported Rs 4,871.55 crore consolidated net profit in the quarter ended March 2023, a BSE filing said. Its total income rose to Rs 48,816.55 crore in the quarter from Rs 44,744.96 crore in the same period a year ago. The consolidated net profit in the fiscal 2023-24 increased to Rs 21,332.45 crore from Rs 17,121.35 crore in the year-ago period. In FY24, the total income rose to Rs 1,81,165.86 crore against Rs 1,77,976.39 crore a year ago. The company's board recommended a final dividend of Rs 3.25 per equity share for FY24. The final dividend is in addition to the first interim dividend at the rate of Rs 2.25 per share and the second interim dividend at the rate of Rs 2.25 per share of face value of Rs 10 each for 2023-24 paid in November and February, respectively. The company's boa
State-owned power giant NTPC on Saturday posted over 38 per cent rise in consolidated net profit at Rs 4,726.40 crore for September quarter 2023-24 mainly on the back of higher revenues. Its net profit in the year-ago period stood at Rs 3,417.67 crore, a BSE filing said. Total income rose to Rs 45,384.64 crore in the quarter from Rs 44,681.50 crore in the same period a year ago. The board in its meeting held on Saturday also approved the first interim dividend of this fiscal at the rate of 22.5 per cent (Rs 2.25 per share) on the face value of paid-up equity shares of Rs 10 each. The date of payment/dispatch of dividend shall be November 23, 2023. The average tariff of the company was Rs 4.61 per unit during April - September this fiscal year compared to Rs 4.77 per unit in the same period a year ago. Gross electricity generation of NTPC increased to 90.30 billion units (BU) during the second quarter from 85.48 BU in the same period a year ago. Coal output increased to 5.59 MM
This would take the consolidated regulated equity base to Rs. 1.25 trillion by FY26 versus Rs. 94,180 crore in FY23
Rise in demand due to post-Covid rebound, coupled with economic growth, pushed the demand for power
State-owned power giant NTPC on Friday posted a nearly 12 per cent jump in consolidated net profit to Rs 5,199.51 crore in the March quarter, mainly on the back of higher revenues. The consolidated net profit of the company was at Rs 4649.49 crore in the quarter ended on March 31, 2021, according to a regulatory filing. Total income in the latest March quarter rose to Rs 37,724.42 crore from Rs 31,687.24 crore in the same period a year ago. The consolidated net profit climbed to Rs 16,960.29 crore in the last fiscal from Rs 14,969.40 crore in 2020-21. In the last financial year, total income rose to Rs 13,4994.31 crore from Rs 11,5546.83 crore in the year-ago period. NTPC's board has recommended a final dividend of Rs 3 per equity share for the 2021-22. This will be in addition to the interim dividend of Rs 4 per equity share for the paid in February 2022. The average power tariff of the firm was at Rs 3.98 per unit in 2021-22 as against Rs 3.77 per unit in 2020-21. The coal
Students protesting against the Railway Recruitment Board's Non-Technical Popular Categories (RRB-NTPC) exam 2021 spread to other parts of Bihar on Tuesday.
However, revenue from operations fell marginally (2.5 per cent) to Rs 26,566 crore as compared to Rs 27,246 crore in the year-ago period
The total income of the company was up 5.19 per cent to Rs 25,268.56 crore from Rs 24,022.62 crore a year ago
Analysts on average had expected a profit of Rs 2,487 crore, according to Thomson Reuters data