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NTPC 3rd quarter Net Profit Jumps by 12.53%
New Delhi, 31 January, 2011
NTPC Limited, India’s largest
power generating company having an installed capacity of 33194
MW has announced unaudited financial results for the 3rd
quarter of Year 2010-11.
The unaudited Profit after Tax
has shown a marked improvement over 2nd Quarter PAT due to
better operational efficiency and increased generation.
The Company declared an
unaudited PAT of Rs. 2,371.48 Crore for Q3 as compared to Rs.
2,107.38 Crore declared in Q2 in the current fiscal.
The unaudited Q3 PAT of Rs.
2,371.48 Crore is also an improvement over unaudited PAT of Rs.
2,364.98 crore declared over the corresponding quarter in the
The unaudited total income 14,165.90 Crore for Q3 registered
an increase of 18.43% over total income of Rs. 11,961.31 Crore
reported for corresponding period in the previous year.
The Board of Directors have recommended an interim dividend @
30% of paid up equity share capital being Rs. 3 per equity
share for the year 2010-11 in their meeting held on January
31, 2011. The dividend will be paid on February 14, 2011.
NTPC is on its course to become a 75 GW company by the year
2017 primarily through its regulated tariff route by signing
Power Purchase Agreement.