https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

NTPC Reports Marginal Dip in Q3 Net Profit Due to Higher Tax Expenses

The slump was attributed to higher tax expenses and regulatory adjustments
Indian Masterminds Stories

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.


Indian Masterminds Stories
Related Stories
NEWS
jharkhand High Court
Jharkhand HC Imposes Rs 50K Fine on Former Sahibganj DC for Unlawful Mining Lease Revocation
IAS Officers Indian Administrative Services (IAS)
16 IAS Officers Empanelled for Joint Secretary Posts at Centre, Check Names Here
IPS Piyush Patel
Gujarat Appoints IPS Piyush Patel as Director of Anti-Corruption Bureau
Maharashtra govt-logo
4 IAS Transferred in Maharashtra, Mantada Raja Dayanidhi Made the Joint MD of CIDCO
psuwatch_2024-09-03_ute693vk_Shivendra Shukla
IRCTC Q3 Net Profit Jumps 13% to 341 Crore
psuwatch_2023-08_e5770473-90b1-4009-8697-25c40f90ae61_BEML_CMD___PSU_Watch
BEML Eyes Global Expansion and Tech Adoption: CMD Shantanu Roy
NTPC
NTPC to Host Indian Power Stations O&M Conference 2025 in Raipur
REC Limited
REC Limited Sanctions Rs 2,147.508 Crore Loan for Pakal Dul Hydro Project in J&K
Videos
K jairaj
K. Jairaj: A Bureaucrat Who Believed in Impact Over Transfers
Vivek Mehrotra, IAS
No One Can Pressurise An IAS Officer, If He Sticks To These Five Principles
Harsimran Singh Cheema
9 Years, Countless Setbacks, 1 Dream: Harsimran Singh Cheema’s UPSC to IFS Story
ADVERTISEMENT
Latest
jharkhand High Court
Jharkhand HC Imposes Rs 50K Fine on Former Sahibganj DC for Unlawful Mining Lease Revocation
Massanjore Eco Cottage
Massanjore’s Eco Cottages Built with Spruce, Pine, & Fir!
ADVERTISEMENT
Videos
K jairaj
Vivek Mehrotra, IAS
Harsimran Singh Cheema
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT