NTPC Q4 net declines 31.7 pc to Rs 1566 cr

Mumbai, May 31: State-owned National Thermal Power Corporation has posted a 31.7 per cent decline in net profit to Rs 1,566.3 crore for the quarter ended March 31, as compared to Rs 2,293.4 crore for the corresponding period the previous fiscal, showing a fall of 31.7 per cent.

Announcing the results to BSE, the company said its total income (net of electricity duty) has increased by 1.88 per cent to Rs 7,914.6 crore for Q4 FY-06 from Rs 7,768.3 crore in Q4 FY-05.

It has posted a increase in net profit to Rs 5,820.2 crore for the year ended March 31, as compared to Rs 5,807.0 crore for FY-05. The total income has increased from Rs 25,541.4 crore in FY-05 to Rs 28,753 crore for FY-06.

The company's board has recommended final dividend at the rate of eight per cent of paid-up equity share capital, in addition to the interim dividend paid at the rate of 20 per cent of paid-up equity share capital in February this year.

UNI