NTPC inches up on reporting 33% rise in Q4 consolidated net profit
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NTPC is currently trading at Rs. 370.10, up by 0.50 points or 0.14% from its previous closing of Rs. 369.60 on the BSE.
The scrip opened at Rs. 373.20 and has touched a high and low of Rs. 373.50 and Rs. 369.65 respectively. So far 60674 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 381.25 on 27-May-2024 and a 52 week low of Rs. 171.90 on 01-Jun-2023.
Last one week high and low of the scrip stood at Rs. 381.25 and Rs. 368.00 respectively. The current market cap of the company is Rs. 358388.78 crore.
The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 45.52% and 3.38% respectively.
NTPC has reported 2.04% fall in its net profit at Rs 5556.43 crore for the quarter ended March 31, 2024 as compared to Rs 5672.32 crore for the same quarter in the previous year. However, total income of the company increased by 2.75% at Rs 44220.90 crore for Q4FY24 as compared Rs 43038.92 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 33.22% rise in its net profit at Rs 6490.05 crore for fourth quarter ended March 31, 2024 as compared to Rs 4871.55 crore for the same quarter in the previous year. Total income of the company increased by 9.10% at Rs 48816.55 crore for Q4FY24 as compared Rs 44744.96 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the company has reported 5.13% rise in its net profit at Rs 18079.39 crore as compared to Rs 17196.73 crore for the previous year. However, total income of the company decreased by 1.20% at Rs 165707.27 crore for year under review as compared to Rs 167724.41 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the company has reported 24.60% rise in its net profit at Rs 21332.45 crore as compared to Rs 17121.35 crore for the previous year. Total income of the company increased by 1.79% at Rs 181165.86 crore for year under review as compared to Rs 177976.39 crore for year ended March 31, 2023.
