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regular-article-logo Thursday, 09 May 2024

NTPC profit up 5% at Rs 4854 crore

The company’s consolidated net profit was Rs 4,626.11 crore a year ago

PTI New Delhi Published 29.01.23, 12:29 AM
The average power tariff of the company during April-December 2022 stood at Rs 4.96 per unit compared with Rs 3.95 per unit a year ago.

The average power tariff of the company during April-December 2022 stood at Rs 4.96 per unit compared with Rs 3.95 per unit a year ago. File Photo

State-owned power giant NTPC on Saturday reported a nearly 5 per cent rise in its consolidated net profit at Rs 4,854.36 crore for the December quarter, mainly due to higher revenue.

The company’s consolidated net profit was Rs 4,626.11 crore a year ago. Total income rose to Rs 44,989.21 crore Rs 33,783.62 crore in the year-ago period. The board of directors also decided to pay an interim dividend at the rate of 42.50 per cent (Rs 4.25 per share) on the face value of paid-up equity shares of Rs 10 each for the financial year 2022-23.

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The average power tariff of the company during April-December 2022 stood at Rs 4.96 per unit compared with Rs 3.95 per unit a year ago. The plant load factor (PLF or capacity utilisation) of coalbased thermal power plants climbed to 68.85 per cent from 67.72 per cent. Imported coal supply rose to 1.57 MMT in the quarter from 0.52 MMT a year ago. The domestic coal supply dipped to 52.45 MMT from 54.96 MMT.

The total installed capacity of the NTPC Group (including JVs and subsidiaries) stood at 70,884 MW as on December 31. Gross power generation climbed to 78.64 billion units (BU) from 75.67 BU a year ago.

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