NTPC Q3 results: Net profit jumps 19% to Rs 4,626 crore

State-run power giant NTPC on Saturday posted more than 19 per cent rise in its consolidated net profit to Rs 4,626.11 crore in the December quarter compared to the year-ago period mainly driven by higher revenues.

The company had reported a consolidated net profit of Rs 3,876.36 crore in the quarter ended on December 31, 2020, according to a BSE filing.

Total income of the company rose to Rs 33,783.62 crore in the quarter from Rs 28,387.27 crore in the same period a year ago.

The Board of Directors in its meeting on Saturday also decided, inter alia, to pay interim dividend at the rate of 40 per cent (Rs 4 per share) on the face value of paid-up equity shares of Rs 10 each for the financial year 2021-22.

The gross power generation of the company stood a 72.70 billion units (BU) in the quarter, higher than 65.41 BU a year ago. The plant load factor (capacity utilisation) of its coal-based power units rose to 67.64 per cent in the quarter from 64.31 per cent in the year-ago quarter.

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