NTPC Q2 Results Declared, Profit rises 16%

The state-owner NTPC declared its Q2 Results with net profit rising to 16%, i.e., Rs. 3885 crore.

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Income rose to Rs 45,384.64 crore from Rs 44,681.50 crore in the last year respectively.

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NTPC also declared the first interim dividend of 2023-24 at 22.5% (Rs. 2.25 per share)

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The average tariff stood at Rs 4.61 per unit as compared to Rs 4.77 per unit last year.

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NTPC shares settled at 236.55 a piece on Friday.

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