The Business Bytes
TBB BUREAU
NEW DELHI, MAY 20, 2022
Country’s largest power generator 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 stood 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 (Q4FY22) rose to Rs 37,724.42 crore from Rs 31,687.24 crore in the year-ago period.
The consolidated net profit climbed to Rs 16,960.29 crore in FY2021-22 from Rs 14,969.40 crore in FY2020-21.
In the last fiscal, the total income rose to Rs 13,4994.31 crore from Rs 11,5546.83 crore in the year-ago period.
Its gross power generation also increased to 79.92 billion units (BU) in March quarter from 77.63 BU in the same period a year ago.
Its gross power generation also increased 10 percent to 299.18 BU in fiscal 2021-22 from 270.90 BU in 2020-21.
NTPC Group generated 361 Billion Units and recorded the highest ever annual generation in FY22 as compared to 314 Billion Units in FY21, registering 10 percent growth.
The Plant Load Factor (PLF) or capacity utilisation of coal-based power plants of the company dipped to 76.07 per cent in the March quarter from 77.12 per cent in the same period a year ago.
The PLF of coal-based power plants rose to 70.74 per cent in fiscal 2021-22 from 66 per cent in 2020-21.
Further, NTPC group’s installed and commercial capacity is at 69,016.68 MW and 68,356.68 MW, respectively.
NTPC’s board recommended a final dividend of Rs 3 per equity share for the 2021-22. It would be in addition to the interim dividend of Rs 4 per equity share paid in February 2022.
