Consolidated net sales (including other operating income) of NTPC for the quarter ended Dec 2022 has increased 33.97% to Rs 44601.84 crore. Sales of Generation segment has gone up 33.66% to Rs 43,479.43 crore (accounting for 93.17% of total sales). Sales of Others segment has gone up 34.41% to Rs 3,187.88 crore (accounting for 6.83% of total sales). Inter-segment sales rose Rs 1,153.12 crore to Rs 1,738.46 crore. Profit before interest, tax and other unallocable items (PBIT) has jumped 13.79% to Rs 9,053.88 crore. PBIT of Generation segment rose 13.36% to Rs 8,763.63 crore (accounting for 96.79% of total PBIT). PBIT of Others segment rose 28.73% to Rs 290.25 crore (accounting for 3.21% of total PBIT). PBIT margin of Generation segment fell from 23.77% to 20.16%. PBIT margin of Others segment fell from 9.51% to 9.10%. Overall PBIT margin fell from 22.80% to 19.40%. Operating profit margin has declined from 32.96% to 28.74%, leading to 16.81% rise in operating profit to Rs 12,818.90 crore. Employee cost decreased from 4.73% to 3.85%. Other expenses rose from 62.20% to 63.69%. Power and Oil fuel cost fell from 51.22% to 49.16%. Other direct service cost fell from 3.97% to 2.90%. Other income fell 21.11% to Rs 387.37 crore. PBIDT rose 15.19% to Rs 13206.27 crore. Provision for interest rose 41.96% to Rs 3168.18 crore. PBDT rose 8.72% to Rs 10038.09 crore. Provision for depreciation rose 7.63% to Rs 3715.08 crore. Profit before tax grew 9.37% to Rs 6,323.01 crore. Share of profit/loss was 16.93% higher at Rs 360.12 crore. Provision for tax was expense of Rs 1828.77 crore, compared to Rs 1463.07 crore. Effective tax rate was 27.36% compared to 24.03%. Minority interest decreased 39.03% to Rs 77.75 crore. Net profit attributable to owners of the company increased 6.18% to Rs 4,776.61 crore. Promoters’ stake was 51.10% as of 31 December 2022 ,compared to 51.10% as of 31 December 2021 .
Nine month performance
Net sales (including other operating income) of NTPC has increased 38.05% to Rs 131954.01 crore. Sales of Generation segment has gone up 38.75% to Rs 1,28,801.86 crore (accounting for 93.48% of total sales). Sales of Others segment has gone up 21.22% to Rs 8,990.23 crore (accounting for 6.52% of total sales). Inter-segment sales rose Rs 3,219.74 crore to Rs 4,668.58 crore. Profit before interest, tax and other unallocable items (PBIT) has jumped 15.21% to Rs 25,313.63 crore. PBIT of Generation segment rose 14.98% to Rs 24,713.15 crore (accounting for 97.63% of total PBIT). PBIT of Others segment rose 25.69% to Rs 600.48 crore (accounting for 2.37% of total PBIT). PBIT margin of Generation segment fell from 23.15% to 19.19%. PBIT margin of Others segment rose from 6.44% to 6.68%. Overall PBIT margin fell from 21.92% to 18.37%. Operating profit margin has declined from 31.53% to 26.59%, leading to 16.40% rise in operating profit to Rs 35,081.41 crore. Employee cost decreased from 4.82% to 3.58%. Other expenses rose from 64.99% to 69.30%. Power and Oil fuel cost rose from 52.72% to 57.55%. Other direct service cost fell from 4.32% to 2.97%. Other income fell 24.22% to Rs 1277.42 crore. PBIDT rose 14.25% to Rs 36358.83 crore. Provision for interest rose 20.09% to Rs 8296.52 crore. PBDT rose 12.63% to Rs 28062.31 crore. Provision for depreciation rose 9.80% to Rs 10943.81 crore. Profit before tax grew 14.52% to Rs 17,118.50 crore. Share of profit/loss was 42.39% lower at Rs 480.69 crore. Provision for tax was expense of Rs 5349.39 crore, compared to Rs 4022.13 crore. Effective tax rate was 30.40% compared to 25.48%.Minority interest decreased 21.27% to Rs 197.92 crore. Net profit attributable to owners of the company increased 4.71% to Rs 12,051.88 crore. Promoters’ stake was 51.10% as of 31 December 2022 ,compared to 51.10% as of 31 December 2021 .
| NTPC : Consolidated Results | | | Quarter ended | Year to Date | Year ended |
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| Particulars | 202212 | 202112 | Var.(%) | 202212 | 202112 | Var.(%) | 202203 | 202103 | Var.(%) |
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| Net Sales (including other operating income) | 44,601.84 | 33,292.61 | 33.97 | 1,31,954.01 | 95,584.21 | 38.05 | 1,32,669.28 | 1,11,531.15 | 18.95 | | OPM (%) | 28.74 | 32.96 | -422 bps | 26.59 | 31.53 | -494 bps | 31.48 | 32.17 | -69 bps | | OP | 12,818.90 | 10,973.71 | 16.81 | 35,081.41 | 30,137.85 | 16.40 | 41,766.04 | 35,877.02 | 16.41 | | Other Inc. | 387.37 | 491.01 | -21.11 | 1,277.42 | 1,685.68 | -24.22 | 2,325.03 | 4,015.68 | -42.10 | | PBIDT | 13,206.27 | 11,464.72 | 15.19 | 36,358.83 | 31,823.53 | 14.25 | 44,091.07 | 39,892.70 | 10.52 | | Interest | 3,168.18 | 2,231.72 | 41.96 | 8,296.52 | 6,908.42 | 20.09 | 9,315.98 | 9,224.14 | 1.00 | | PBDT | 10,038.09 | 9,233.00 | 8.72 | 28,062.31 | 24,915.11 | 12.63 | 34,775.09 | 30,668.56 | 13.39 | | Depreciation | 3715.08 | 3451.81 | 7.63 | 10943.81 | 9966.64 | 9.80 | 13787.83 | 12450.31 | 10.74 | | PBT | 6,323.01 | 5,781.19 | 9.37 | 17118.5 | 14948.47 | 14.52 | 20987.26 | 18218.25 | 15.20 | | Share of Profit/(Loss) from Associates | 360.12 | 307.99 | 16.93 | 480.69 | 834.44 | -42.39 | 1020.13 | 683.87 | 49.17 | | PBT before EO | 6683.13 | 6089.18 | 9.75 | 17599.19 | 15782.91 | 11.51 | 22007.39 | 18902.12 | 16.43 | | EO Income | 0 | 0 | - | 0 | 0 | - | 0 | -1512.19 | - | | PBT after EO | 6683.13 | 6089.18 | 9.75 | 17599.19 | 15782.91 | 11.51 | 22007.39 | 17389.93 | 26.55 | | Taxation | 1828.77 | 1463.07 | 25.00 | 5349.39 | 4022.13 | 33.00 | 5047.1 | 2420.53 | 108.51 | | PAT | 4854.36 | 4626.11 | 4.93 | 12249.8 | 11760.78 | 4.16 | 16960.29 | 14969.4 | 13.30 | | Minority Interest (MI) | 77.75 | 127.53 | -39.03 | 197.92 | 251.38 | -21.27 | 284.39 | 334.77 | -15.05 | | Net profit | 4776.61 | 4498.58 | 6.18 | 12051.88 | 11509.4 | 4.71 | 16675.9 | 14634.63 | 13.95 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 4776.61 | 4498.58 | 6.18 | 12051.88 | 11509.4 | 4.71 | 16675.9 | 14634.63 | 13.95 | | EPS (Rs)* | 6.64 | 4.68 | 41.86 | 13.16 | 10.55 | 24.76 | 15.66 | 14.40 | 8.79 | | | * EPS is on current equity of Rs 9,696.67 crore, Face value of Rs 10, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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| NTPC : Consolidated Segment Results | | | Quarter ended | Year to Date | Year ended |
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| % of (Total) | 202212 | 202112 | Var.(%) | % of (Total) | 202212 | 202112 | Var.(%) | % of (Total) | 202203 | 202103 | Var.(%) |
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| Sales | | Generation | 93.17 | 43,479.43 | 32,529.38 | 33.66 | 93.48 | 1,28,801.86 | 92,830.30 | 38.75 | 92.64 | 1,29,041.81 | 1,09,878.24 | 17.44 | | Others | 6.83 | 3,187.88 | 2,371.82 | 34.41 | 6.52 | 8,990.23 | 7,416.53 | 21.22 | 7.36 | 10,246.80 | 9,038.50 | 13.37 | | Total Reported Sales | 100.00 | 46,667.31 | 34,901.20 | 33.71 | 100.00 | 1,37,792.09 | 1,00,246.83 | 37.45 | 100.00 | 1,39,288.61 | 1,18,916.74 | 17.13 | | Less: Inter segment revenues | | 1,738.46 | 1,153.12 | 50.76 | | 4,668.58 | 3,219.74 | 45.00 | | 4,554.92 | 3,486.51 | 30.64 | | Net Sales | 100.00 | 44,928.85 | 33,748.08 | 33.13 | 100.00 | 1,33,123.51 | 97,027.09 | 37.20 | 100.00 | 1,34,733.69 | 1,15,430.23 | 16.72 | | PBIT | | Generation | 96.79 | 8,763.63 | 7,730.96 | 13.36 | 97.63 | 24,713.15 | 21,493.33 | 14.98 | 97.78 | 29,850.29 | 27,871.73 | 7.10 | | Others | 3.21 | 290.25 | 225.48 | 28.73 | 2.37 | 600.48 | 477.74 | 25.69 | 2.22 | 676.60 | 100.83 | 571.03 | | Total PBIT | 100.00 | 9,053.88 | 7,956.44 | 13.79 | 100.00 | 25,313.63 | 21,971.07 | 15.21 | 100.00 | 30,526.89 | 27,972.56 | 9.13 | | Less : Interest | | 3,168.18 | 2,231.72 | 41.96 | | 8,296.52 | 6,908.42 | 20.09 | | 9,315.98 | 9,224.14 | 1.00 | | Add: Other un-allcoable | | 436.31 | 348.64 | 25.15 | | 427.92 | 988.36 | -56.70 | | 1,100.47 | -970.99 | LP | | PBIT Margin(%) | | Generation | | 20.16 | 23.77 | -361.03 | | 19.19 | 23.15 | -396.64 | | 23.13 | 25.37 | -223.38 | | Others | | 9.10 | 9.51 | -40.18 | | 6.68 | 6.44 | 23.77 | | 6.60 | 1.12 | 548.75 | | PBT | 100.00 | 6,322.01 | 6,073.36 | 4.09 | 100.00 | 17,445.03 | 16,051.01 | 8.68 | 100.00 | 22,311.38 | 17,777.43 | 25.50 |
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