NTPC has announced the result for the March quarter. The net profit of the company has increased by about 258 percent. Apart from this, the company has also announced the final dividend.
The stock closed at Rs 113.55.
NTPC Q4 results: National Thermal Power Corporation (NTPC) has announced the result for the March quarter. The net profit of the company has increased by about 258 percent. The company has made a profit of 4479 crores in the March quarter. The company’s standalone net profit in March 2020 was Rs 1252 crore.
Revenue declined by 2.5 per cent in the March quarter. The company’s revenue in this quarter was Rs 26567 crore, which was Rs 27247 crore in the March 2020 quarter. Apart from this, the company has also announced dividend for its investors. The Board of Directors has announced the final dividend of Rs 3.15 per share for the financial year 2020-21. Earlier in February 2021, the company had announced an interim dividend of Rs 3 per share.
Revenue came like this
If we look at the revenue in the March quarter, the revenue of 26418 crores came from power generation, while Rs 1446 crores came from other sources. Talking about the full financial year, in 2020-21, there was a growth of 36 percent in the net profit of the company and this figure stood at 13769 crores.
This stock is near 52 week high
This week the company’s stock closed at Rs 113.55. The 52-week high is Rs 121 and the low is Rs 78.10. The stock has lost 4.42 per cent in a week. The stock has gained 9.39 per cent in the last three months and 14.29 per cent so far this year. The government’s stake in this company is 51.10 percent. After that, most domestic institutional investors hold 34.08 per cent. There has been no change in the promoters’ stake in this quarter.
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