NTPC Q4 net up 38 per cent at Rs2,782 crore
10 May 2011
National Thermal Power Corporation Ltd (NTPC), India's largest power producer, has posted a net profit of Rs2,781.84 crore for the quarter ended 31 March 2011 against Rs2,017.65 crore for the quarter ended 31 March 2010 - a 38 per cent increase year on year.
Total income of the company has increased by 24.81 per cent to Rs16,185.08 crore for the quarter ended 31 March 2011 from Rs12,967.44 crore for the quarter ended 31 March 2010, unaudited figures released by the company showed.
For the financial year ended 31 March 2011, NTPC has posted a net profit of Rs9,102.59 crore, against Rs8,728.20 crore for the year ended 31 March 2010.
Total income has increased from Rs49,230.10 crore for the year ended 31 March 2010 to Rs59,247.84 crore for the year ended 31 March 2011, audited results showed.
Group net profit for the year after minority interest stood at Rs9,353.40 crore for the year ended 31 March 2011 against Rs8,837.68 crore for the year ended 31 March 2010. Total income has increased to Rs61,906.39 crore for the year ended 31 March 2011 from Rs51,178.10 crore for the year ended 31 March 2010.
The board of directors of NTPC at its meeting today, inter alia, recommended a final dividend of Rs0.80 per equity share, in addition to the interim dividend of Rs3.00 per equity share paid in February 2011.
Overall plant availability continued to remain high at over 90 per cent. Plant load factor (PLF) for coal-based plants improved in the fourth quarter to 92 per cent and PLF for gas based plants was flat at 72 per cent.