NTPC reports all-time high net profit of Rs 13,770 crore in FY21

The ultimate dividend is along with the interim dividend of Rs 3/share for FY21 paid in February.

State-owned NTPC reported a 36.2% year-on-year (y-o-y) improve in its standalone internet revenue to Rs 13,769.5 crore within the fiscal ended March, which is the very best ever annual revenue recorded by the corporate, primarily on decrease tax bills. It paid Rs 1,925.4 crore tax in FY21, about 79% decrease than the identical interval final yr. The corporate’s board has really helpful a remaining dividend on Rs 3.15 per fairness share with face worth of Rs 10 every for FY21. The ultimate dividend is along with the interim dividend of Rs 3/share for FY21 paid in February.

For the fourth quarter of FY21, NTPC’s internet revenue elevated 257.6% to Rs 4.479.2 crore, as the corporate acquired tax refund of Rs 982.4 crore towards the Rs 4,983.7 crore paid in taxes within the corresponding quarter in FY20. NTPC income elevated 3.1% y-o-y to Rs 1,03,552.7 crore within the fiscal as the ability firm offered 251.7 billion models of electrical energy within the interval, 4.8% increased than final fiscal.

“NTPC has realised greater than 100% of the billed quantity in the course of the yr, crossing rupees one lakh crore, which is the very best ever realisation,” the corporate stated. Utilisation ranges of NTPC’s coal-based energy vegetation deteriorated with plant load issue (PLF) at its coal-based vegetation plummeting by 220 foundation factors y-o-y within the fiscal to 66%.

The nationwide common PLF coal vegetation in FY21 was 54.6%. Energy vegetation are contractually entitled to obtain mounted prices for recovering capital bills regardless that when patrons don’t procure electrical energy from the models. Nonetheless, the vegetation have to show a minimal plant availability issue (PAF) of 83% to assert the mounted prices. The typical PAF of NTPC coal vegetation within the quarter elevated by 1.8 share factors y-o-y to 91.4%.
The typical tariff at which NTPC offered energy in FY21 was Rs 3.77/unit, recording an annual drop of three.3%.

The corporate’s common tariff had elevated 15.4% yearly to Rs 3.90/unit in FY20. At the moment, the entire put in capability of the ability behemoth stands at 65,825 mega-watt (MW). By 2032, it plans to have a complete energy manufacturing capability of 1,30,000 MW and 30% of this could be non-thermal vitality primarily based.

In one other 12 years, NTPC needs to have a base of 32,000 MW renewables, 5,000 MW hydro and one other 2,000 MW of nuclear energy vegetation.