NTPC Sale of energy up by 10.49% and Profit up by 6.42%
17th May, 2010
NTPC Limited, India’s largest power generating company having an installed capacity of 31704MW has announced results for the financial year 2009-10.The Company has declared audited Net Sales of Rs 46,323 crore during 2009-10 as against Rs. 41,924 crore registering an increase of 10.49%. Total Income for the year has increased by 8.84 % to Rs.49,247 crore from Rs. 45,246 crore.
Profit after tax for the year 2009-10 is Rs. 8,728 crore as compared to Rs. 8,201 crore during the year 2008-09, an increase of 6.42% over previous year. For Group NTPC, Profit after tax for the year 2009-10 increased to Rs. 8,838 crore, up by 9.21% over last year.
Net sales for the fourth quarter ended March 2010 is up by 7.93% and has increased to Rs.12,353 crore from Rs.11,446 crore registered last year.
The Board of Directors have recommended final dividend @8% of paid up equity share capital in addition to the interim dividend already paid @30% of paid up equity share capital in March 2010. With the recommendation of final dividend of Rs. 0.80 per equity share in addition to the interim dividend of Rs 3 per equity share already paid, the total dividend for the year 2009-10 will be Rs. 3.80 per equity share.
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