NTPC shares up nearly 1% as PSU pays additional interim dividend to shareholders; check key details

During the morning trade, shares of the company was trading at ₹314.15, rising 0.88%.

The state-owned company on Tuesday said it has paid an additional ₹2,424 crore of interim dividends to its shareholders in the financial year ending March 2025.

This is in addition to the first interim dividend of ₹2,424 crore paid in November 2024, NTPC said in a statement.

The ₹2,424 crore dividend paid on February 18 is 25% of the paid-up equity share capital of the company.

The total dividend paid by the company during the ongoing fiscal year has reached ₹8,000 crore, which includes the final dividend of ₹3,152 crore for the financial year 2023-24 paid in September 2024.

This is the 32nd consecutive year that NTPC has paid a dividend.

India's largest power generation company posted a net profit of ₹4,711.4 crore for the third quarter of the financial year 2024-25. NTPC’s revenue for the quarter amounted to ₹41,352.3 crore, marking a growth of 4.8% YoY, compared to ₹39,455 crore in the same period last year.

Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) jumped significantly by 20.3% year-on-year (YoY) to ₹11,960.6 crore, from ₹9,941 crore in Q3 FY23. The company’s EBITDA margin also improved to 28.9% from 25.2% in the same quarter last year.

Under the Ministry of Power, NTPC is India's largest integrated power utility, contributing one-fourth of the country's power requirements.

The company has an installed capacity of over 77 GW, with an additional capacity of 29.5 GW under construction, including 9.6 GW of renewable energy capacity. The company is committed to achieving 60 GW of renewable energy capacity by 2032.

Besides, NTPC has ventured into various new business areas, including e-mobility, battery storage, pumped hydro storage, waste-to-energy, nuclear power, and green hydrogen solutions.