NTPC – FY20 Profit Before Tax up by 14.15%

NTPC – FY20 Profit Before Tax up by 14.15% CHANDIGARH–NTPC Ltd.,  a central PSU under Ministry of Power and the
Country’s largest power generator  with a group installed capacity of 62110 MW, declared the financial results for FY20 along with the unaudited financial results for Q4 FY20 on 27 June 2020.
In FY20, NTPC has recorded the highest ever commercial capacity addition of 8260 MW which includes the acquisition of 2970 MW capacity of THDC and NEEPCO. The gross generation of NTPC Group for FY20 was 290.19 Billion units as against 305.90 Billion units during the previous year.  In addition, the gross generation of THDC and NEEPCO was 10.91 Billion Units. On a Standalone basis, the gross generation of NTPC for FY20 was 259.62 Billion units as against 274.45 Billion units in the previous year. Coal stations achieved a Plant Load Factor of 68.20 percent as against the National Average of 55.89 percent with an availability factor of 89.67 percent.
For FY20, the total income crossed the one lakh crore mark and was ₹ 100,478.41 crores as against ₹ 92,179.56 crores in FY19, registering an increase of 9%. For Q4 FY20, total income was ₹ 28,278.75 crores as against ₹ 22,545.61 crores in Q4 FY19, registering an increase of 25.43 percent.
Profit before tax was ₹ 14,465.92 crore in FY20 as against ₹ 12,672.52 crores in FY19 registering an increase of 14.15%.
For Q4 FY20, PBT was ₹ 4,383.77 crore, as against ₹ 3,537.17 crores in Q4 FY19 registering an increase of 23.93 percent. Profit after tax was ₹ 10,112.81 crore in FY20 as against ₹ 11,749.89 crores in FY19.
The Board of Directors of NTPC Ltd. has recommended a final dividend @ 26.5 percent of paid-up share capital i.e. ₹ 2.65 per equity share of the face value of ₹ 10/- each for FY20, subject to the approval of shareholders in the Annual General Meeting. The Company had paid an Interim Dividend @ 5% of paid-up share capital i.e. ₹0.50 per equity share in March 2020. This is the 27th consecutive year of dividend payment by the Company.

By YadavindraS.Rana:

yadavindras@gmail.com

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