New Delhi, September 13, 2023 – In a significant move that highlights its commitment to both investors and growth, NTPC Ltd., India’s premier power generation company, has officially declared the disbursement of its final dividend for the financial year 2022-23. This development was announced on September 12, 2023, at 6:24 PM by the Press Information Bureau (PIB) in Delhi.
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Steady Financial Performance
NTPC Ltd. has consistently been at the forefront of India’s energy sector, and its latest financial performance speaks volumes. The company has paid out a substantial final dividend amounting to Rs. 2908.99 crore, which equates to an impressive 30.00% of the paid-up equity share capital of NTPC Limited.
An Exceptional Fiscal Year
The final dividend payment comes on the heels of an exceptional fiscal year for NTPC Ltd., with the total dividend disbursed for FY 2022-23 reaching an astounding Rs. 7,030.08 crore. This figure represents a significant 41% of the Profit After Tax (PAT) for the financial year, solidifying NTPC’s reputation as a profitable and investor-friendly organization.
A Remarkable Streak
This year’s dividend marks the 30th consecutive year in which NTPC Ltd. has distributed dividends. This remarkable streak underscores the company’s unwavering commitment to providing consistent returns to its valued investors.
NTPC’s Commitment to Excellence
NTPC Ltd. has long been recognized as a key player in the Indian energy sector, and its track record of success is a testament to its commitment to excellence. The company continues to drive sustainable growth and shareholder satisfaction through a combination of strategic initiatives and a robust financial performance.
Conclusion
In conclusion, NTPC Ltd.’s announcement of a 30% paid-up equity share capital as a final dividend for FY 2022-23 is a clear indication of its financial strength and dedication to its shareholders. With a remarkable streak of 30 consecutive years of dividend distribution, NTPC remains a reliable and profitable choice for investors seeking consistent returns in the Indian energy sector.
Key Points
📅 Date: September 13, 2023
- 💰 NTPC Ltd., India’s leading power generation company, has announced a final dividend for FY 2022-23.
- 💸 The final dividend amounts to Rs. 2908.99 crore, which is 30.00% of NTPC Limited’s paid-up equity share capital.
- 💵 The total dividend for FY 2022-23 is an impressive Rs. 7,030.08 crore, equivalent to 41% of the Profit After Tax (PAT) for the financial year.
- 📊 This marks the 30th consecutive year of dividend distribution by NTPC, demonstrating its commitment to providing consistent returns to investors.
- 🌟 NTPC Ltd. plays a significant role in the Indian energy sector, focusing on excellence, sustainable growth, and shareholder satisfaction through strategic initiatives and strong financial performance.
FAQs
1. What is NTPC Ltd.?
NTPC Ltd. is India’s leading power generation company, playing a pivotal role in the country’s energy sector.
2. How much is the final dividend for FY 2022-23?
The final dividend payment for FY 2022-23 is Rs. 2908.99 crore, constituting 30.00% of the paid-up equity share capital.
3. What percentage of the Profit After Tax (PAT) does this dividend represent?
This dividend accounts for an impressive 41% of the Profit After Tax (PAT) for the financial year.
4. How many consecutive years has NTPC distributed dividends?
NTPC Ltd. has distributed dividends for 30 consecutive years, showcasing its commitment to providing returns to its investors.
5. What is NTPC Ltd.’s focus for the future?
NTPC Ltd. is committed to driving excellence, sustainable growth, and shareholder satisfaction through its strategic initiatives and financial performance.
