November 2020 \ Business & Investment \ BUSINESS
Rs 3,504 crore net profit for NTPC

The country’s largest power generator, NTPC ...

For the half yearly period, the net profit of NTPC stood at Rs 5,974.96 crore as against Rs 5,865.23 crore in H1 FY20. Total income during the April-September period was Rs 50,044.33 crore as against Rs 48,177.04 crore in H1 FY20, registering an increase of 3.88 percent.

The company’s board also approved the buyback of up to 19.79 crore equity shares at Rs 115 for an amount up to Rs 2,275.75 crore as a part of capital restructuring. A large portion of this amount will go to the government as disinvestment receipts.

Tags: NTPC

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