NLCIL Group Q4 PAT SURGES 51.94%, capacity crossing the 6000 MW

Newsdesk
By Newsdesk June 28, 2021 18:45

NLCIL Group Q4 PAT SURGES  51.94%, capacity crossing the 6000 MW


Neyveli, June 29 NLCIL has approved the financial results for the year 2020-21 declaring the capacity crossing the 6000 MW mark (6061.06 MW) and mining capacity enhanced by 65% (to 50.6 MTPA).

The power dues collection for the group for the year was 114% of the invoices raised amounting to Rs 11375 crore which is highest ever.

Despite the pandemic situation, the company reported total income for the year up by 1.77% to Rs 11798.42 crore.

PAT for the year 1345.44 crore as against the previous year Rs 1452.98 crore which is marginally down by 7.4%.  However, PAT for the Q4 surged by 51.94%

The EBIDTA for the year has also jumped by 6.13%  to Rs 5151.18 crore from     Rs 4853.64 crore.

Green power generation increased by 38% during the year.

The Board has recommended final dividend of 15% apart from the already declared interim dividend of 10% for the year 2020-21

Newsdesk
By Newsdesk June 28, 2021 18:45