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NTPC reports over 5% rise in Q3 net profit, power demand aids revenue: Report

The Board of Directors also decided to pay an interim dividend at the rate of 42.50 per cent ( ₹4.25 per share) on the face value of paid-up equity shares of ₹10 each for the financial year 2022-23.

Published on: Jan 28, 2023, 18:23:42 IST
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State-owned power giant NTPC on Saturday reported a nearly 5 per cent rise in its consolidated net profit to 4,854.36 crore for the December quarter, mainly due to higher revenue.

The imported coal supply rose to 1.57 MMT in the quarter from 0.52 MMT in the same period a year ago. (File Photo: Hindustan Times)
The imported coal supply rose to 1.57 MMT in the quarter from 0.52 MMT in the same period a year ago. (File Photo: Hindustan Times)

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The company's consolidated net profit was 4,626.11 crore in the quarter ended December 31, 2021, as per a BSE filing.

The total income rose to 44,989.21 crore in the quarter from 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 ( 4.25 per share) on the face value of paid-up equity shares of 10 each for the financial year 2022-23.

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

The imported coal supply rose to 1.57 MMT in the quarter from 0.52 MMT in the same period a year ago.

The domestic coal supply dipped to 52.45 MMT from 54.96 MMT. The coal production from captive mines stood at 5.35 MMT in the quarter against 4 MMT in the year-ago period.

The total installed capacity of the NTPC Group (including JVs and subsidiaries) stood at 70,884 MW as on December 31, 2022.

Its gross power generation climbed to 78.64 billion units (BU) in the third quarter from 75.67 BU in the same period a year ago.

 
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