NTPC Declares FY24 Audited Results: NTPC Group Electricity Generation Up By 6%, PAT Up By 25%

For FY24, the Board has recommended a final dividend @ ₹ 3.25 per equity share

NTPC Limited, India’s largest integrated power utility, reported its financial results for the fiscal year 2023-24 on May 24, 2024. Key highlights include:

Electricity Generation:

  • The NTPC Group achieved a record annual electricity generation of 422 Billion Units in FY24, marking a ~6% increase from 399 Billion Units in FY23.
  • NTPC’s standalone gross generation was 362 Billion Units in FY24, up ~5% from 344 Billion Units in the previous year.
  • NTPC coal stations attained a Plant Load Factor (PLF) of 77.25%, significantly higher than the national average of 69.49% for FY24.

Financial Performance:

Standalone Financials:

  • Total Income: ₹1,65,707 crores in FY24, compared to ₹1,67,724 crores in FY23.
  • Profit After Tax (PAT): ₹18,079 crores in FY24, a ~5% increase from ₹17,197 crores in FY23.

Consolidated Financials:

  • Total Income: ₹1,81,166 crores in FY24, a ~2% increase from ₹1,77,977 crores in FY23.
  • PAT: ₹21,332 crores in FY24, a 24.60% increase from ₹17,121 crores in FY23.


  • The Board recommended a final dividend of ₹3.25 per equity share, pending shareholder approval at the Annual General Meeting.
  • Interim dividends totaling ₹4.50 per equity share were paid in November 2023 and February 2024.
  • The total dividend for FY24 would be ₹7.75 per equity share, up from ₹7.25 per equity share in the previous year.
  • This marks the 31st consecutive year of dividend payments by NTPC.

These results reflect NTPC’s consistent performance and growth in electricity generation and financial metrics, alongside their commitment to rewarding shareholders through regular dividends.

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