Revenue from operations stood at Rs 42,820.38 crore in the December quarter, down 4% from Rs 44,601.84 crore posted in Q3 FY23.

Profit before tax (PBT) tumbled 38.45% year on year to Rs 5,134.38 crore in the quarter ended 31 December 2023.

On the margins front, the PSU company's operating margin improved to 21.41% in Q3 FY24 as against 20.22% reported in Q3 FY23. Net profit margin increased to 12.16% in Q1 FY24 as compared to 10.88% posted in the same period a year ago.

The Group's total installed capacity increased to 73,874 megawatt (MW) as on 31 December 2023 from 70,884 MW posted on 31 December 2022. NTPC's gross power generation for the quarter ended December 2023 was 89.467 billion units (BU) as compared to 78.646 BU recorded in the corresponding quarter last year.

Coal production (from captive mines) in quarter ended December 2023 stood at 8.09 million metric tonnes (MMT), up from 5.35 MMT recorded in the same period a year ago. Domestic coal supply for its plants in the December quarter was at 60.23 MMT from 52.45 MMT in the quarter ended December 2022. Meanwhile, coal imports of the firm improved to 2.15 MMT in December quarter from 1.57 MMT registered in the same quarter last year.

Plant load factor (PLF) or capacity utilisation of coal-based power plants also rose to 75.95% in the third quarter of FY24 from 68.85% posted in the same quarter a year ago.

Meanwhile, the company’s board has declared a second interim dividend of Rs 2.25 per share for FY24. The date of payment/dispatch of dividend will be 22 February 2024.

NTPC is India's largest energy conglomerate. It has presence in the entire value chain of the power generation business. As on 31 December 2023, the Government of India holds 51.10% in NTPC.

The scrip declined 2.45% to Rs 322.20 on the BSE.