Stock Market

NTPC Q3 profit flat at Rs 2,385 crore, announces bonus share in 1:5 ratio

   Download Android App    Share in      FullScreen   CheckVideos

NEW DELHI: NTPC on Wednesday reported 1.04 per cent year-on-year (YoY) rise in net profit at Rs 2,385.41 crore for the December quarter, which fell short of Rs 2,600 crore profit anticipated by analysts in an ET Now poll. The power company had reported Rs 2,360.81 crore profit in the year-ago quarter. The board of NTPC has recommended bonus shares in the ratio of 1:5. Besides, it has decided to pay interim dividend at the rate of Rs 3.58 per share.

The dividend will be paid on February 14. Net sales for the quarter rose 16.10 per cent to Rs 24,120.36 crore compared with Rs 20,774.37 crore in the year-ago-quarter. Margin for the quarter stood at 27.2 per cent, marginally lower than ET Now Poll estimate of 27.3 per cent. Ebitda stood at Rs 6,580 crore for the December quarter, up from Rs 6,230 crore in the same quarter of last year.




Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021

Buy Our Merchandise (Peace Series)

 

Contribute US to Start Broadcasting


It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.

Debit/Credit/UPI

UPI/Debit/Credit

Paytm

STRIPE

Details
Category: Stock Market


21