NTPC's annual profit up 786 crore

Saturday, 23 May 2009, 00:27 IST
Printer Print Email Email
New Delhi: The state-owned power utility NTPC Ltd, formerly National Thermal Power Corp, posted a net profit after tax of 8,201 crore in 2008-09 against 7,415 crore netted the last fiscal, an increase of 786 crore, the company announced Friday. Total income increased from 40,018 crore 2008-09 to 45,273 crore the previous fiscal, NTPC said in a regulatory statement. Its net profit for the quarter ended March 31, 2009 was also up at 2,113.4 crore, as compared to the near 1,340 crore for the corresponding quarter the year before. Total income for the quarter increased to 12,481.5 crore from 11,487.5 crore in the like period the previous fiscal. The company said its board has recommended a final dividend at 8 percent of the paid-up equity capital in addition to the 28 percent interim dividend paid in February.
Source: IANS