State-owned Maharatna Company NTPC reported a consolidated net profit of Rs 5,169.69 crore for the October-December 2024 quarter, a slight decline from Rs 5,208.87 crore in the same period last year. The dip was attributed to higher tax expenses and regulatory adjustments.
Total income rose to Rs 45,597.95 crore, up from Rs 43,574.65 crore in the year-ago quarter. Tax expenses surged to Rs 2,075.12 crore compared to Rs 1,361.75 crore previously, while regulatory deferral account balances showed a negative movement of Rs 343.09 crore, down from a positive Rs 1,436.24 crore last year.
The Board of Directors approved a second interim dividend of 25% (Rs 2.5 per share) for FY 2024-25. Operationally, NTPC’s gross generation increased to 91.25 billion units (BU) from 89.46 BU, with coal output rising to 10.98 million metric tonnes (MMT) from 8.09 MMT. The average tariff for the April-December period rose to Rs 4.68 per unit from Rs 4.57 per unit a year ago. Additionally, the plant load factor for coal-based plants slightly improved to 75.98% from 75.95%.
NTPC continues to focus on operational efficiency and maintaining consistent performance despite external challenges.
NTPC (National Thermal Power Corporation) Limited, India’s largest power producer, is a state-owned company specializing in the generation and distribution of electricity, with a strong focus on renewable energy expansion. Established in 1975, NTPC operates thermal, hydro, solar, and wind power plants across the country.
