NTPC posts Q4 profits of Rs.4,381 crore

NTPC-Q4New Delhi, May 10 : State-run power generator NTPC posted a 69 percent year-on-year rise in profit for the fourth quarter ended March to Rs. 4,381 crore.

The company's sales for the quarter grew marginally to Rs. 16,461 crore, up a little over one percent year-on-year.

The company posted a net profit of Rs. 12,619 crore for the year ended March 31, 2013, as compared to Rs. 9,223 crore for the year ended March 31, 2012.

Total income increased from Rs. 64,841 crore for the year ended March 31, 2012, to Rs. 68,775 crore for the year ended March 31, 2013.

Other income also grew 30 percent to Rs. 884 crore, while fuel cost declined marginally to Rs. 1039 crore.

NTPC announced that its Board of Directors has recommended a final dividend of Rs. 2.00 per equity share for 2012-13, in addition to the interim dividend of Rs. 3.75 per equity share paid in March 2013. (IANS)