NTPC Q3FY25 results: Net profit fell to Rs 5,169 crore for Q3FY25
Total income rose to Rs 45,597.95 crore in the third quarter from Rs 43,574.65 crore in the same period a year ago. Total tax expenses in the quarter increased to Rs 2,075.12 crore from Rs 1,361.75 crore a year ago.
NTPC Q3FY25 results: Net profit fell to Rs 5,169 crore for Q3FY25
State-owned power giant NTPC has reported a consolidated net profit of Rs 5,169.69 crore for the October-December quarter compared to the previous year due to higher tax expenses and adjustments. The company had a consolidated net profit of Rs 5,208.87 crore in the quarter ended on December 31, 2023, a BSE filing showed.
Total income rose to Rs 45,597.95 crore in the third quarter from Rs 43,574.65 crore in the same period a year ago. Total tax expenses in the quarter increased to Rs 2,075.12 crore from Rs 1,361.75 crore a year ago.
Similarly, net movement in regulatory deferral account balances (net of tax) was (minus) Rs 343.09 crore in the quarter against Rs 1436.24 crore (plus) in the same period a year ago.
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Net movement in regulatory deferral account balances (net of tax) consists of exchange differences arising from settlement/translation of monetary items denominated in foreign currency to the extent recoverable from or payable to the beneficiaries in subsequent periods, deferred tax liability reversible in future periods when they become current tax and similar items which will be materialized in future considering the CERC Tariff Regulations and the requirements of Ind AS 114- 'Regulatory deferral accounts'.
According to the exchange filing, the Board decides to pay a second interim dividend at 25% (Rs. 2.5 per share) on the face value of paid-up equity shares of Rs 10 each for the financial year 2024-25. The average tariff increased to Rs 4.68 per unit in the nine months from April to December 2024 from Rs 4.57 per unit in the same period a year ago.
The gross generation of the firm increased to 91.25 billion units (BU) from 89.46 BU a year ago. The coal output increased to 10.98 MMT in the quarter from 8.09 MMT. Plant load factor or capacity utilization of coal-based plants also increased slightly to 75.98% from 75.95%.
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