State-owned power giant NTPC on Saturday reported 258 per cent year-on-year increase in net profit on a standalone basis at Rs 4,479 crore for the March quarter (Q4FY21) as against Rs 1,252 crore in the same period a year earlier (Q4FY20).
However, revenue from operations fell marginally (2.5 per cent) to Rs 26,566 crore as compared to Rs 27,246 crore in the year-ago period.
Sequentially, net profit rose 35 per cent from Rs 3,315 crore in the December quarter (Q3FY21). The consolidated net profit came in at Rs 4,649 crore for the quarter under review, an increase of 185 per cent year-on-year.
Segement wise, revenue from power generation came in at Rs 26,418 crore, while other revenues stood at Rs 1,446 crore for the quarter under review.
The Board of Directors have also recommended the final dividend of Rs 3.15 per share for the financial year 2020-21.
For the full year ending March 2021, NTPC recorded a net profit of Rs 13,769 crore, up 36 per cent from the last year. Revenues during the same period increased slightly to Rs 99,206 crore as compared to Rs 97,700 crore in the previous year.
The gross power generation of NTPC in Q4FY21 was 77.63 billion units as against 68.27 billion units during the corresponding period of previous year.
In FY21, the gross generation of NTPC for FY21 was 270.91 billion units as against 259.62 billion units in the previous year on a standalone basis. Coal stations achieved a plant load factor of 66 per cent as against national average of 54.56 per cent with an availability factor of 91.43 per cent.
On Friday, its stock fell 3.15 per cent to close at Rs 113.7 on NSE.