NTPC Q4 profit after tax at Rs.1734.7 crores, recommends 8% final dividend

National Thermal Power Corporation Ltd (NTPC) has announced the financial results for the quarter & year ended March 31, 2007. The Unaudited results for the Quarter ended March 31, 2007 are as follows: The Company has posted a net profit after tax of Rs 17347 million for the quarter ended March 31, 2007 as compared to Rs 15663 million for the quarter ended March 31, 2006. Total Income (Net of Electricity Duty) has increased from Rs 83464 million for the quarter ended March 31, 2006 to Rs 95467 million for the quarter ended March 31, 2007.

The Audited results for the Year ended March 31, 2007 are as follows: The Company has posted a net profit after tax of Rs 68647 million for the year ended March 31, 2007 as compared to Rs 58202 million for the year ended March 31, 2006. Total Income (Net of Electricity Duty) has increased from Rs 293393 million for the year ended March 31, 2006 to Rs 353807 million for the year ended March 31, 2007.

The Audited consolidated results for the Year ended March 31, 2007 are as follows: The Group has posted a net profit after tax of Rs 68983 million for the year ended March 31, 2007 as compared to Rs 58408 million for the year ended March 31, 2006. Total Income (Net of Electricity Duty) has increased from Rs 302021 million for the year ended March 31, 2006 to Rs 366518 million for the year ended March 31, 2007.

The Board of Directors of the Company at its meeting held on May 30, 2007, inter alia, has recommended final dividend @ 8% of paid up equity share capital in addition to the interim dividend paid @ 24% of paid up equity share capital in February 2007.

Source : Equity Bulls

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