NTPC Net Surges 5% In 2011-12
Despite a 19% growth in fuel costs, NTPC has registered a growth of 5% in its consolidated net profit, which remained at Rs 9,814 crore in the fiscal year ended March 2012 as compared to Rs 9,348 crore during the previous financial year.
On a standalone basis, the state-owned generation utility’s net profit declined 6.7% to Rs 2,593.44 crore in January-March 2012 period as compared to Rs 2,781 crore in the year-ago period.
Fuel prices surged to Rs 43,302 crore during 2011-12 as against Rs 36,414 crore in the year ended March 2011.
NTPC’s board announced a final dividend of 50 paise a share, taking the overall dividend payout to Rs 4 per share for 2011-12.
Overall income from operations in the last financial climbed to Rs 65,893 crore as against Rs 59,505 crore in the year-ago period.
In the quarterly period under review, the company’s total income from operations went up to Rs 16,361 crore as against Rs 15,597 crore in the comparable period.