Consolidated profit before tax surged 43.93% to Rs 6,526.42 crore in the second quarter of FY24 from Rs 4,534.59 crore recorded in the corresponding quarter a year ago.

The Group's total installed capacity increased to 73,824 megawatt (MW) as on 30 September 2023 from 70,254 MW posted on 30 September 2022. NTPC's gross power generation for the quarter ended September 2023 was 90.30 billion units (BU) as compared to 85.48 BU recorded in the corresponding quarter last year.

Coal production (from captive mines) in quarter ended September 2023 stood at 5.59 million metric tonnes (MMT), up from 4.32 MMT recorded in the same period a year ago. Domestic coal supply for its plants in the September quarter was at 54.16 MMT from 48.72 MMT in the quarter ended September 2022. Meanwhile, coal imports of the firm reduced to 1.25 MMT in September quarter from 5.58 MMT registered in the same quarter last year.

Meanwhile, the board has declared interim dividend of Rs 2.25 per share for financial year 2023-2024. The date of payment / dispatch of dividend shall be 23 November 2023.

NTPC is India's largest energy conglomerate. It has presence in the entire value chain of the power generation business. As on 30 September 2023, the Government of India holds 51.10% in NTPC.

The scrip declined 1.35% to Rs 233.35 on the BSE.