NTPC’s performance highlights, financial results for Q1 FY25
NTPC Limited has released its key performance highlights and unaudited financial results for the quarter ending June 30, 2024. Let’s have a look at the key performance highlights.
Installed and Commercial Capacity
As of June 30, 2024, NTPC’s installed capacity reached 76,048 megawatts (MW), an increase of 3,024 MW from June 2023. Similarly, NTPC’s standalone installed capacity rose to 59,168 MW, an uptick of 2,130 MW. The commercial capacity stood at 76,048 MW—an increase of 3,684 MW from the previous year. The standalone commercial capacity climbed to 59,168 MW, reflecting an increase of 2,790 MW.
Power Generation
The gross generation was 97.896 billion units (BU), up from 88.546 BU in the same period last year, a 10.56 per cent increase. Commercial generation for the quarter reached 97.886 BU, compared to 88.299 BU in Q1 FY24, a 10.86 per cent rise.
Financial Performance
The total income from operations was Rs 444.19 billion. The net profit before tax (both before and after exceptional items) stood at Rs 67.77 billion. The profit after tax for the quarter was Rs 45.11 billion. Earnings per equity share were Rs 4.65 (including regulatory deferral account balances) and Rs 5.27 (excluding regulatory deferral account balances).
Equity and Debt
The paid-up equity share capital was Rs 96.97 billion, with other equity (excluding revaluation reserve) amounting to Rs 1,447.47 billion. The company’s net worth stood at Rs 1,532.54 billion. The paid-up debt capital was Rs 1,822.61 billion, and the debenture redemption reserve was Rs 31.83 billion.
Key Financial Ratios and Metrics
The Debt to Equity Ratio was 1.18, while the Debt Service Coverage Ratio was 1.22. The Interest Service Coverage Ratio was recorded at 4.08. The Current Ratio was 1.01, and the Long-Term Debt to Working Capital Ratio was 9.43. The Operating Margin was 18.66 per cent and the Net Profit Margin was 10.16 per cent.
Net net, NTPC’s performance in Q1 FY25 highlights its ongoing growth and operational efficiency in the power sector.