 "NTPC Q3 net profit up 10% to Rs 3,315 crore, to pay interim dividend")
State-owned power generation major NTPC Limited posted a 10 per cent rise in net profit for the quarter ended December 2020. Profit after tax (PAT) for Q3FY21 was Rs 3,315.34 crore, as against Rs 2,995.14 crore in the corresponding quarter of the previous year.
The total income of the company during the quarter was Rs 25,268.56 crore as against Rs 24,022.62 crore in Q3 FY20, registering an increase of 5.19 per cent.
The gross power generation of NTPC in Q3 FY21 was 65.42 billion units as against 61.21 Billion units during the corresponding period of previous year.
On nine-month basis, PAT was Rs 9,290.30 crore as against Rs 8,860.37 crore in 9M FY20. The total income during the same period increased by 4.3 per cent to Rs 72,312 crore.
The Board of NTPC approved an interim dividend interim dividend for FY21 at 30 per cent of paid-up share capital, or Rs 3 per equity share of face value of Rs 10 each.
NTPC offered a rebate on 20-25 per cent rebate on the capacity charges of the power supplied during the lockdown period. The total amount of Rs 1,363 crore has been approved by the Board for FY21.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%