NTPC’s Q3 profit up 3.1 per cent to ₹4,711 crore; share trades flat
NTPC Ltd, India’s largest power generator, reported a net profit of ₹4,711.4 crore for Q3 FY25, falling short of market expectations but marking a 3.1 per cent increase from the previous year. The company’s shares were trading at ₹321.70, down 0.60 per cent on the NSE at 12.12 PM on Monday.
Revenue grew 4.8 per cent year-on-year to ₹41,352.3 crore. EBITDA saw a significant jump of 20.3 per cent to ₹11,960.6 crore, with margins improving to 28.9 per cent from 25.2 per cent in the same quarter last year.
The Maharatna company’s board approved a second interim dividend of ₹2.5 per share for FY25, with January 31, 2025, set as the record date. Payment is scheduled for February 18, 2025.
Operational performance showed improvement, with gross power generation increasing to 91.25 billion units from 89.46 billion units year-on-year. Coal production rose substantially to 10.98 MMT from 8.09 MMT. The average tariff for the nine months ending December 2024 increased to ₹4.68 per unit from ₹4.57 in the corresponding period last year. The plant load factor for coal-based plants marginally improved to 75.98 per cent.
