NTPC’s Q4 net vaults 48.7% to Rs4,350.32 cr; revenue down at Rs22,545.60 cr
27 May 2019
State-run power producer NTPC Ltd has reported a 48.7 per cent jump in its standalone net profit for January-March 2018-19 to Rs4,350.32 crore, compared to Rs2,925.59 crore for the year-ago quarter, on the back of lower expenses.
The company's total revenue for the fourth quarter of 2018-19, however, declined to Rs22,545.61 crore from Rs23,617.83 crore a year ago. Expenses also were lower at Rs19,008.44 crore for the quarter compared with Rs20,229.26 crore. In the previous year quarter, an NTPC statement said.
The company’s standalone net profit for the financial year 2018-19 rose 13.60 per cent to Rs11,749.89 crore from Rs10,343.17 crore in the previous fiscal. Total revenue stood at Rs92,179.56 crore in 2018-19, up from Rs85,207.95 crore during the previous financial year.
NTPC’s consolidated net profit for the 2018-19 fiscal rose to Rs12,633.45 crore from Rs10,501.50 crore in the previous fiscal. Total consolidated revenue of the company also rose to Rs97,537.34 crore during the fiscal from Rs89,641.59 in 2017-18.
The board of directors of NTPC Ltd has recommended a final dividend of 25 per cent (Rs2.50 per equity share of the face value of Rs10 each) for 2018-19 on the paid-up share capital subject to the approval of shareholders at the annual general meeting scheduled to be held in August 2019.
The final dividend is in addition to the interim dividend of Rs3.58 per equity share for 2018-19 paid in February 2019. This is the 26th consecutive year of dividend payment by the company.
The gross power generation of the NTPC Group for FY2018-19 was 305.90 billion units (BUs) against 294.27 BUs during the previous year. The average power tariff of the firm was Rs3.38 per unit in the fiscal under review.
The company's plant load factor or capacity utilisation (PLF) of coal based projects dropped to 77.58 per cent in March quarter from 79.03 per cent a year ago. During the 2018-19, the company's PLF of coal fired power plants also declined to 76.68 per cent from 77.90 per cent in 2017-18.
The company's domestic coal supply rose to 46.94 million tonnes in March quarter from 44.36 million tonnes year ago. During the last fiscal the company's domestic coal supplies also increased to 175.05 million tonnes from 168.21 million tonnes.
Coal imports by the company also went up slightly to 0.66 million tonnes in March quarter from 0.10 million tonnes year ago. During the last fiscal, the company's coal imports also increased to 1.05 million tonnes from 0.32 million tonnes in 2017-18.
The NTPC Group's total installed capacity has increased to 55,126 MW as of 31 March 2019 from 53,651 MW as of 31 March 2018.