Mumbai55 minutes ago
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National Thermal Power Corporation i.e. NTPC Limited’s profit in the fourth quarter (January-March) of FY 2024 increased by 33.22% on annual basis (YoY) to ₹ 6,490.05 crore. The company’s consolidated net profit in the same quarter a year ago was ₹4,871.55 crore.
Consolidated revenue from operations of NTPC increased by 7.61% on an annual basis. Revenue from operations stood at ₹47,622.06 crore in Q4FY24. Revenue in the same quarter a year ago i.e. fourth quarter of FY23 was ₹44,253.17 crore.
NTPC shares gave 114% return in one year
On Friday, ahead of the results, NTPC shares closed 0.59% higher at ₹374.50. It has given 114.61% returns in the last one year. The stock has risen 45.41% in the last 6 months. The market cap of the company is Rs 3.63 lakh crore.
The company’s profit in the financial year 2024 was ₹ 21,332 crore.
NTPC’s consolidated profit for full FY24 increased by 24.59% to ₹21,332.45 crore. The profit in FY 2023 was ₹17,121.35 crore.
1.30% increase in revenue in financial year 2024
NTPC’s consolidated revenue increased to ₹1,78,500.88 crore in FY2024. Revenue in FY 2023 was ₹1,76,207.18 crore. That means there has been an increase of 1.30% in revenue.
What is standalone and consolidated?
The results of companies come in two parts – standalone and consolidated. Standalone shows the financial performance of only one unit. Whereas, in the consolidated financial report, the entire company is reported.