Pulled down by high fuel costs, NTPC posted a 6.7 per cent fall in net profit, on a standalone basis, at Rs.2,593.44 crore in the three months ended March 31, 2012, against Rs.2,781.84 crore in the year-ago period.
The company reported higher annual profit, on a consolidated basis, rising by about 19 per cent to Rs.43,302.66 crore in 2011-12. It incurred fuel expenses to the tune of Rs.36,414.35 crore in the year ended March 31, 2011.
The board recommended a final dividend of 50 paise per share, taking the total dividend to Rs.4 per share for 2011-12.
In the three months under review, total income from operations climbed to Rs.16,361.85 crore from Rs.15,597.31 crore in the year-ago period.
Income from the generation segment grew 5 per cent to Rs.16,395.78 crore from Rs.15,599.75 crore.
It posted a nearly 5 per cent rise in consolidated net profit at Rs.9,814.66 crore in 2011-12, even as fuel costs surged.
Keywords: NTPC net profit