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NTPC – 9MFY23 Unaudited Results Profit After Tax (standalone) up by 8.07% – EQ Mag

NTPC – 9MFY23 Unaudited Results Profit After Tax (standalone) up by 8.07% – EQ Mag

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New Delhi : The Country’s largest power generator- NTPC Ltd., with a present group installed capacity of71544 MW, declared unaudited financial results for Q3/9MFY23.

NTPC Group generated 295 BillionUnits in 9MFY23 as compared to 265 Billion Units in 9MFY22, an increase of ~11%.NTPC’s standalone gross generation in 9MFY23 is 255 Billion Units as compared to 227 Billion Units in the corresponding previous period, registering an increase of ~12%.

NTPC Coal stations achieved a Plant Load Factor of 74.45% as against the National Average of 63.27% during 9M FY23.

On standalone basis, total income of NTPC for 9MFY23is ₹124,685.49 crore as against corresponding previous periodtotal income of ₹ 89,314.50 crore, registering an increase of 39.60%. Profit After Tax for 9MFY23is ₹ 11,524.41 crore as against ₹ 10,663.69 crore in 9MFY22, registering an increase of 8.07%.

On consolidated basis, total income of the group for 9MFY23is ₹ 133,231.43 crore as against corresponding previous periodtotal income of ₹ 97,269.89 crore, registering an increase of 36.97%. Profit After Tax of the group for 9MFY23is ₹ 12,249.80 crore as against corresponding previous period PAT of ₹ 11,760.78 crore, registering an increase of 4.16%.

The Board of Directors has approved interim dividend for FY23 @ 42.50 % of paid-up share capital i.e. ₹4.25 /- per equity share of face value of ₹10/- each.

Anand Gupta Editor - EQ Int'l Media Network