Financial Daily from THE HINDU group of publications
Tuesday, Jun 14, 2005
Financial Daily from THE HINDU group of publications Tuesday, Jun 14, 2005 |
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Corporate Results
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Power NTPC net rises 67 pc Our Bureau
NEW DELHI: National Thermal Power Corporation Ltd (NTPC) on Monday announced a 67 per cent jump in net profit at Rs 2,293.4 crore during the quarter ended March 31, 2005, compared to a net of Rs 1,375.9 crore during the last quarter of the previous fiscal. Total income during the quarter (January-March) has increased to Rs 7,768.3 crore from Rs 7,400.3 crore in the year-ago period, the company informed the Bombay Stock Exchange. The company has posted a net profit after tax of Rs 5,807 crore for the year ended March 31, 2005, against Rs 5,260.8 crore during the corresponding period last fiscal. Total income stood at Rs 25,546 crore for the year-ended March 31, 2005, whereas the same was Rs 25,964.2 crore during the same period last fiscal. The company's board of directors has also recommended 12 per cent final dividend. Thus total dividend for the year works out to 24 per cent, including an interim dividend of 12 per cent paid during the year, it said.
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