NTPC’s consolidated net profit up 19% to ₹4,626 crore in Q3

During the corresponding period of the previous financial year (FY21), the company had reported a consolidated net profit of 3,876.36 crore.

Its consolidated total income for the third quarter of fiscal year 2012 was 33,783.62 crore, up 19% During the year-ago period, Rs 28,387.27 crore was reported, a company statement said.

For the nine months ended December of the FY 2012, the consolidated total income of NTPC was 97,269.89 crore as against 83,859.59 crore during the corresponding period of the last financial year.

On a standalone basis, the company’s net profit grew by 24.63 per cent during the period under review. 4,131.99 crore in Q3 FY22, up from Rs. 3,315.34 crore in the October-December quarter of FY21.

The Board of Directors also approved Interim Dividend on 40% of the Paid-up Share Capital for FY 2012 – 4 per equity share of face value 10 each.

NTPC Group has registered a Gross Generation of 87.92 Billion Units in Q3 FY22 and 264.70 Billion Units in April-December period of FY22 as compared to 76.53 Billion Units and 222.41 Billion Units during the corresponding period of last year. has registered an increase of 14.88% and 19.01. % respectively.

On Saturday, the company also said that its board of directors has approved an asset monetization proposal with NTPC Renewable Energy Limited (NTPC REL) to sell its identified renewable energy assets to a wholly owned company and monetize this fully. has approved. A company owned through an IPO or strategic investment route, subject to requisite approvals or approvals.