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NTPC powers profit before tax by 24.3% to `13,171 cr in FY17

NTPC powers profit before tax  by 24.3% to `13,171 cr in FY17
NTPC Ltd generated additional 8.339 billion units to cross 250 billion units mark in fiscal 2016-17 against back drop of declining national PLF .

The total generation was 250.314 billion units as against 241.977 billion units generated in the previous year, an increase of around 3.45 per cent.

During the FY2016-17, NTPC Coal stations achieved PLF of 78.59 per cent as against National PLF of 59.88 per cent. Further, during the 4th quarter, Coal stations, Gas stations & Hydro Stations clocked availability factor of 91.62 per cent,93.49 per cent & 106.37 per cent respectively. The Company registered over 10 per cent increase in the total income.

The total income was Rs. 79,342.30 crore as against Rs. 72,009.16 crore reported in the previous year.

For the FY 2016-17, audited profit before exceptional items and tax is Rs 13,170.85 crore as against Rs. 10,595.77 crore for FY 2015-16, registering an increase of 24.30 per cent.

The Profit After Tax of FY 2016-17 was Rs. 9,385.26 crore.

The unaudited total income for the Q4 FY 2016-17 is Rs. 20,886.85 crore as against the unaudited total income of Rs. 18,732.41 crore in the corresponding quarter of FY 2015-16, registering an increase of 11.50 per cent. For the Q4 FY 2016-17, unaudited profit before exceptional items and tax is Rs. 3,790.90 crore as compared to Rs. 3,648.31 crore in the corresponding quarter of previous year registering an increase of 3.91 per cent.

The Board of Directors has recommended Final Dividend for the FY 2016-17 at the rate of ­­­21.70 per cent (Rs. 2.17 per share) on the face value of paid-up equity share of Rs. 10/- each, subject to the approval of shareholders in the Annual General Meeting scheduled to be held in September 2017.
The Company had paid Interim Dividend at the rate of ­­­26.10 per cent (Rs. 2.61 per share) in February 2017.

Thus, total dividend for the Financial Year will be 47.80 per cent of the paid-up capital of the Company i.e Rs.4.78 per share. This is the 24th consecutive year for payment of dividend.

Agencies

Agencies

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