NTPC Limited has reported a net profit of ₹4,350.32 crore for the fourth quarter ended March 31, 2019.
This represents a 48.7 per cent increase over the net profit of ₹2,925.59 crore recorded in same quarter of the previous financial year.
The higher profits are attributed to better sales, controlled costs and tax adjustments in the quarter under review. However, total income during the quarter under review fell by 4.54 per cent to ₹2,2545.61 crore.
The company board has recommended a final dividend of 25 per cent (₹ 2.50 on equity share of ₹10 each) for the fiscal year 2018-2019. It had paid an Interim Dividend at 35.80 per cent of the paid-up share capital (₹3.58 per equity share of ₹10 each in February 2019).
