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NTPC Q4 Results: Net profit drops 2% to ₹5,556 crore, revenue up 3% YoY; dividend declared

NTPC Q4 Results: NTPC announced its January-March quarter results for fiscal 2023-23 (Q4FY24) on Friday, reporting a drop of two per cent in standalone net profit at ₹5,556.4 crore, compared to ₹5,672.3 crore in the corresponding period last year. India’s largest integrated power utility’s revenue from operations in the fourth quarter of FY24 stood at ₹42,532 crore, registering a growth of three per cent compared to ₹41,317 crore in the year-ago period. The PSU’s board recommended a final dividend of ₹3.25 per equity share for FY24. This is in addition to the first interim dividend at ₹2.25…

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