India’s largest power producer NTPC Ltd, has reported a gain of 10.21% Y-o-Y in total profit earned during the FY18.
NTPC’s standalone profit after tax (PAT) stood INR 10,343.17 Crore in FY18 as compared to INR 9,385.26 Crore in the previous year. For Q4 FY18, unaudited PAT was INR 2,925.59 Crore against INR 2,079.40 Crore in Q4 FY17.
For FY18, NTPC Ltd’s total audited income was INR 85,207.95 Crore, up 7.39% Y-o-Y from previous year’s income of INR 79,342.30 Crore. While total expenses incurred on fuel cost, employee benefit cost, financial cost etc was INR 72,868.49 Crore for FY18.
In terms of operational parameters, NTPC Ltd’s gross power generation for FY18 stood 265.80 BU against 250.31 BU generated in the previous year, registering an increase of 6.19%.
For Q4 FY18, NTPC generated 68.56 BU electricity against 63.77 BU generated in Q4 FY17, registering an increase of 7.51%.The generation during Q4 FY18, was also the highest quarterly generation, surpassing previous highest quarterly generation of 67.78 BU during Q3 FY18.
NTPC Ltd had recorded 5.08% increase in coal sourcing for power generation during the year. Total coal sourcing for the FY18 was 168.53 MnT against 160.38 MnT in FY17. Domestic coal sourcing by the company increased 5.56% Y-o-Y to 168.21 MnT in FY18, while imported coal sourcing had been lowered 68.93% Y-o-Y to 0.32 MnT during the year.
NTPC’s coal-fired power stations had achieved PLF of 77.90% in FY18 as against National Average of 60.72%, as per the data provided by CEA.
Recently, NTPC has signed a Memorandum of Understanding (MOU) with Ministry of Power, under which the company has been entitled to generate 268 BU electricity during the FY19. Revenue from operations is targeted at INR 85,500 Crore for the year.
Apart from the standalone performance, NTPC Ltd had also formed Joint Ventures and subsidiaries for enhancing its power business.
The Gross Generation of NTPC Group (including JVs and subsidiaries of NTPC) for FY18 was 294.27 BU as against 276.77 BU during previous year. On consolidated basis, for the financial year 2017-18, the Audited Total Income was INR 89,641.59 Crore as against the audited total income of INR 83,009.31 Crore during previous year. Audited profit after tax for FY18 was marked INR 10,501.50 Crore as compared to INR 10,713.94 Crore declared in FY17.
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