Thursday, Mar 20 2025 | Time 16:57 Hrs(IST)
Business Economy


NTPC profit jumps 33pc to Rs 6,490 crore in Q4, dividend declared

New Delhi, May 24 (UNI) State-run power producer NTPC on Friday reported a 33.22% year-on-year rise in consolidated net profit at Rs 6490.05 crore for January-March quarter (Q4) of financial year 2023-24.
The company had posted a profit of Rs 4,871.55 crore in Q4 of the previous financial year 2022-23.
In the March quarter of FY24, NTPC reported a 9% increase in total income at Rs 48,816.55 crore as against Rs 44,744.96 crore in the same quarter of 2022-23.
The power major's consolidated net profit in the fiscal 2023-24 increased to Rs 21,332.45 crore from Rs 17,121.35 crore in 2022-23. The company's total income increased to Rs 1,81,165.86 crore in FY24 from Rs 1,77,976.39 crore in FY23.
The NTPC board in its meeting on Friday recommended the final dividend of Rs 3.25 per share for the financial year 2023-24, subject to the approval of the shareholders in the ensuing Annual General Meeting (AGM).
"The aforesaid final dividend is in addition to the first interim dividend at the rate of Rs 2.25 per share and second interim dividend at the rate of Rs 2.25 per share of face value of Rs 10 each for the financial year 2023-24 paid in November'23 and February'24, respectively," the power major said in a regulatory filing.
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Rupee rises 5 paise against USD

20 Mar 2025 | 4:34 PM

Mumbai, Mar 20 (UNI) The Rupee on Thursday gained 5 paise to close at 86.37 against the US Dollar on brisk selling of USD by bankers and importers, dealers at the Forex Market said.

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Sensex zooms 899 01 pts

20 Mar 2025 | 4:32 PM

Mumbai, Mar 20 (UNI) The equity market maintained its supremacy for the fourth straight session
on Thursday, with BSE Sensex spurted 899.01 pts to close at 76,348.06 following gains in Telecommunications, Technology and Oil and Gas stocks.

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Kottayam-Kochi Rubber Market Rates

20 Mar 2025 | 4:28 PM

Kottayam, Mar 20 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Thursday per quintal
KOTTAYAM
RSS FOUR: 20000
RSS FIVE : 19600
ISNR TWENTY: 18300
SIXTY PERCENT LATEX: 13630
KOCHI
RSS FOUR : 2000
RSS FIVE : 19600
INTERNATIONAL RATES (BANGKOK)
RSS One : 21044
RSS Two : 20890
RSS Three: 20749
RSS Four : 20671
RSS Five : 20556
KUALALUMPUR
SMR TWENTY : 17577($ 203.20)
SIXTY PERCENT LATEX : 13781($159.30)
UNI PA BM.

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Tata Communications Vayu, a new cloud for intelligent enterprise

20 Mar 2025 | 4:27 PM

Mumbai, Mar 20 (UNI) Tata Communications, on Thursday announced the launch of Tata Communications Vayu, its next-gen Cloud fabric for the enterprise IT.

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Flipkart partners with FanCode Shop to bring official sports merchandise to SuperCoin users

Flipkart partners with FanCode Shop to bring official sports merchandise to SuperCoin users

20 Mar 2025 | 4:09 PM

Kolkata, Mar 20 (UNI) Flipkart has partnered with FanCode Shop, India’s premier destination for official sports merchandise.

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