Diabytes
NTPC profit News
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The net profit climbed to Rs 16,960.29 crore in the last fiscal from Rs 14,969.40 crore in 2020-21.
In the last year, income rose to Rs 13,4994.31 crore from Rs 11,5546.83 crore in the year-ago period.
NTPC's board has recommended a final dividend of Rs 3 per equity share.
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The company had reported a consolidated net profit of Rs 3,876.36 crore in the quarter ended on December 31, 2020.
Total income of the company rose to Rs 33,783.62 crore in the quarter from Rs 28,387.27 crore in the same period a year ago.
Its average tariff rose to Rs 3.91 per unit during April to December 2021, from Rs 3.87 per unit in the same period a year ago.
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Fitch Ratings today said it has assigned state-run power producer NTPC's 500 million euro, 2.75 percent notes due in 2027, a final rating of 'BBB-', which denotes investment grade.
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Nation's largest power producer NTPC today reported a 13 percent drop in the first quarter net profit as retrospective tightening of technical norms by the regulator wiped off gains from a rise in electricity generation.
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