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NSPCL pays dividend

21st Jul, 2014

NTPC-SAIL Power Company Pvt Ltd (NSPCL), a joint venture of two Maharatna companies, NTPC Limited and Steel Authority of India Limited , paid total dividend of Rs. 86.28 crores after tax which works out 8.8% of equity capital.

NSPCL pays dividend

NSPCL recorded a total income of Rs. 2490.39 crore during 2013-14 with highest ever profit before tax (PBT) at Rs.375.85 crore (Rs. 364.21 crore during 2012-13) and a PAT of Rs. 246.59 crore. Ever since its inception in March 2001, NSPCL has been a continuous dividend paying company.

Shri K K Sharma, CEO, NSPCL alongwith Shri S V Shahi ,CFO, NSPCL presented a dividend cheque of Rs. 43.14 crore to Dr. Arup Roy Choudhury, CMD, NTPC in the presence of Shri I J Kapoor, Director (Commercial), Shri N N Misra, Director (Operation) and Chairman NSPCL, Shri U P Pani, Director (HR), Shri S C Pandey, Director (Project) and Shri K Biswal, Director (Finance).


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