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NTPC posts 38% jump in Q2 net profit at Rs 4,726cr, lines up dividend

Saturday - October 28, 2023 8:49 am , Category : BUSINESS
NTPC posts 38% jump in Q2 net profit at Rs 4,726cr, lines up dividend
NTPC posts 38% jump in Q2 net profit at Rs 4,726cr, lines up dividend
The NTPC board has approved payment of the first interim dividend of Rs 2.25 per share on the face value of paid-up equity shares of Rs 10 each for FY24. The dividend will be paid on November 23.The total revenue from operations in the second quarter was Rs 44,983.35 crore, up 1.8 per cent over the previous fiscal year.NTPC Ltd is India's largest integrated power utility, contributing one fourth of the power requirement of the country.With a diverse portfolio of thermal, hydro, solar, and wind power plants.The company is committed to achieve 60,000 MW of Renewable Energy capacity by year 2032.--IANSpannu/pgh

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