The country’s largest power generator- NTPC Ltd., on Saturday reported the highest ever net profit of Rs 13,769.52 crore for the fiscal year 2020-21 ending March 31 beating the pandemic through increased generation and sale of power.
The net profit of the company for FY21 grew 36.16 percent over Rs 10,112.81 crore profit reported in FY20.
NTPC’s total income for 2020-21 stood at Rs 103,552.71 crore as against Rs 100,478.41 crore in FY20, registering an increase of 3.06 percent.
In FY21, the NTPC group recorded the highest ever gross generation of 314.07 billion units as against 290.19 billion units during the previous year.
On a Standalone basis, the gross generation of NTPC for FY21 was 270.91 billion units as against 259.62 billion units in the previous year. Coal stations achieved a Plant Load Factor of 66.00 percent as against the National Average of 54.56 percent with an availability factor of 91.43 percent.
NTPC has realized more than 100 percent of the billed amount during the year, crossing rupees one lakh crore, which is the highest ever realization.
The Board of Directors of NTPC Ltd. has recommended a final dividend of 31.5 percent of paid-up share capital i.e. Rs 3.15 per equity share of the face value of Rs 10 each for FY21, subject to the approval of shareholders in the Annual General Meeting.
The company had paid an Interim Dividend of 30 percent of paid-up share capital i.e. Rs 3.00 per equity share in February 2021. This is the 28th consecutive year of dividend payment by the company.
NTPC has a group installed capacity of 65825 MW.
