INSUBCONTINENT EXCLUSIVE:
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.
