NTPC Ltd., India's largest integrated power utility, with an installed group capacity of 76,015 MW, has declared the audited financial results for the financial year 2023-24, on 24th May, 2024.
Here are the key highlights:
Electricity Generation: The NTPC Group recorded its highest-ever annual electricity generation of 422 Billion Units in FY24, marking an increase of approximately 6% from 399 Billion Units in FY23.
Profit After Tax (PAT): On a consolidated basis, the group's PAT for FY24 was ₹21,332 crores, which is a significant increase of about 24.60% compared to the previous year's PAT of ₹17,121 crores.
Dividends: The Board has recommended a final dividend of ₹3.25 per equity share, subject to shareholder approval at the upcoming Annual General Meeting. This, along with interim dividends totaling ₹4.50 per equity share paid during FY24, brings the total dividend for the year to ₹7.75 per equity share.
These results reflect NTPC's continued growth and operational efficiency, with the company achieving a Plant Load Factor of 77.25%, surpassing the national average of 69.49% during FY24.
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