National Thermal Power Corporation i.e. NTPC Limited’s profit in the fourth quarter (January-March) of FY 2024 increased by 33.22% year-on-year (YoY) to Rs. 6,490.05 crore. The company’s consolidated net profit in the same quarter a year ago was Rs. 4,871.55 crore.
NTPC’s consolidated revenue from operations grew by 7.61% year-on-year. Revenue from operations stood at Rs. 47,622.06 crore in the fourth quarter of FY24. Revenue stood at Rs. 44,253.17 crore in the same quarter a year ago i.e. the fourth quarter of FY23.
NTPC Shares Gave 114% Return in One Year
On Friday before the results were announced, NTPC’s stock rose 0.59% to close at Rs. 374.50. In the last one year, it has given a return of 114.61%. In the last 6 months, the stock has risen by 45.41%. The company’s market cap is Rs 3.63 lakh crore.
The Company’s Profit in FY 2024 Was Rs. 21,332 Crore
NTPC’s consolidated profit for the full financial year 2024 increased by 24.59% to Rs. 21,332.45 crore. The profit in FY 2023 was Rs. 17,121.35 crore.
Revenue to Grow By 1.30% in FY24
NTPC’s consolidated revenue increased to Rs. 1,78,500.88 crore in FY 2024. The revenue was Rs. 1,76,207.18 crore in FY 2023. That is, the revenue has increased by 1.30%.
What is Standalone and Consolidated?
The results of companies come in two parts – standalone and consolidated. In standalone, the financial performance of only one unit is shown. Whereas, in consolidated or consolidated financial report, the report of the entire company is given.
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