NTPC FY24 Audited Results: Recorded Its Highest-ever Annual Electricity Generation of 422 Billion Units

NTPC Ltd., India's largest integrated power utility, with an installed group capacity of 76,015 MW, has declared the audited financial results for the financial year 2023-24, on 24th May, 2024.

Here are the key highlights:

Electricity Generation: The NTPC Group recorded its highest-ever annual electricity generation of 422 Billion Units in FY24, marking an increase of approximately 6% from 399 Billion Units in FY23.

Profit After Tax (PAT): On a consolidated basis, the group's PAT for FY24 was ₹21,332 crores, which is a significant increase of about 24.60% compared to the previous year's PAT of ₹17,121 crores.

Dividends: The Board has recommended a final dividend of ₹3.25 per equity share, subject to shareholder approval at the upcoming Annual General Meeting. This, along with interim dividends totaling ₹4.50 per equity share paid during FY24, brings the total dividend for the year to ₹7.75 per equity share.

These results reflect NTPC's continued growth and operational efficiency, with the company achieving a Plant Load Factor of 77.25%, surpassing the national average of 69.49% during FY24.

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