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NTPC Group Electricity Generation up by 6%, PAT up by 25%

Newdelhi:25/5/24:NTPC Ltd., India’s largest integrated power utility, with an installed group capacity of 76,015 MW, has declared the financial results for the financial year 2023-24, on 24th May 2024.

NTPC Group recorded the highest-ever annual electricity generation of 422 Billion Units in FY24 as compared to 399 Billion Units in FY23, an increase of ~6%. NTPC’s standalone gross generation in FY24 was 362 Billion Units as compared to 344 Billion Units in the previous year, registering an increase of ~5%.

NTPC Coal stations achieved a Plant Load Factor of 77.25% as against the National Average of 69.49% during FY24.

On a standalone basis, the Total Income of NTPC for FY24 was ₹ 1,65,707 crores as against the previous year’s Total Income of ₹ 1,67,724 crores. Profit After Tax for FY24 was ₹ 18,079 crores as against ₹ 17,197 crores in FY23, an increase of ~5%.

On a consolidated basis, the Total Income of the Group for FY24 was ₹ 1,81,166 crores as against the previous year’s Total Income of ₹ 177,977 crores, registering an increase of ~2%. Profit After Tax of the group for FY24 was ₹ 21,332 crores as against the corresponding previous year PAT of ₹ 17,121 crores, registering an increase of 24.60%.

For FY24, the Board has recommended a final dividend @ ₹ 3.25 per equity share, subject to the approval of shareholders in the ensuing Annual General Meeting. Interim dividends for the FY24 totaling ₹4.50 per equity share have already been paid to the investors in November 2023 and February 2024. The total dividend for the year would be ₹7.75 per equity share as compared to ₹7.25 per equity share last year. This is the 31st consecutive year of dividend payment by the company.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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