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NTPC's Q4 standalone net profit up over 48%
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SME Times News Bureau | 27 May, 2019
Power generation major NTPC on Saturday reported a rise of 48.68 per
cent in its standalone net profit for the fourth quarter of FY19.
According
to the company, its net profit in the quarter under review rose to Rs
4,350.32 crore as against Rs 2,925.59 crore in the same period of FY18.
For
the entire fiscal, the company's standalone total income grew to Rs
92,179.56 crore as against Rs 85,207.95 crore during previous year.
"Profit
after tax for FY19 is Rs 11,749.89 crore as compared to Rs 10,343.17
crore in the previous year, registering an increase of 13.60 per cent,"
the company said in a statement.
On consolidated basis, NTPC
Group's net profit for FY19 rose 20.3 per cent to Rs 12,633.45 crore as
compared to Rs 10,501.50 crore in the previous year.
"The Board
of Directors of NTPC has recommended a final dividend for FY19 at the
rate of 25 per cent of paid-up share capital i.e. Rs 2.50 per equity
share of the face value of Rs 10 each, subject to the approval of
shareholders...," the statement said.
"The company had paid an
Interim Dividend at the rate of 35.80 per cent of paid-up share capital
i.e. Rs 3.58 per equity share in February 2019."
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As on 13 Aug, 2022 |
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