State-owned NTPC reported a 36.2% year-on-year (y-o-y) increase in its standalone net profit to Rs 13,769.5 crore in the fiscal ended March, which is the highest ever annual profit recorded by the company, mainly on lower tax expenses. It paid Rs 1,925.4 crore tax in FY21, about 79% lower than the same period last year. The company’s board has recommended a final dividend on Rs 3.15 per equity share with face value of Rs 10 each for FY21. The final dividend is in addition to the interim dividend of Rs 3/share for FY21 paid in February.
