NTPC Q3 PAT reports Rs2371.48 cr, jump by 12.53%
NTPC Limited, India’s largest power generating company, has declared an unaudited PAT of Rs2371.48 crore for Q3 as compared to Rs2,107.38 crore declared in Q2 in the current fiscal. The unaudited Q3 PAT of Rs2,371.48 crore is also an improvement over unaudited PAT of Rs 2,364.98 crore declared over the corresponding quarter in the previous year, the company said.
The unaudited total income of Rs14,165.90 crore for Q3 registered an increase of 18.43% over total income of Rs11,961.31 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 Rs3 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.