NTPC Pays Rs 4,121.08 Crore As Interim Dividend To Shareholders For FY23

State-owned NTPC Ltd has paid an interim dividend of Rs 4,121.08 crore to its shareholders for the financial year 2022-23

Topics

NTPC | Companies

Press Trust of India  |  New Delhi 



NTPC Ltd receives 13 bids for minority stake sale in Green Energy arm

').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();

State-owned Ltd has paid an interim dividend of Rs 4,121.08 crore to its shareholders for the financial year 2022-23.

The dividend paid is 42.50 per cent of the paid-up equity share capital of the company, Ltd said in a statement on Friday.

" Ltd has paid an interim dividend of Rs 4,121.08 crore today for the financial year 2022-23. This is the 30th consecutive year that NTPC Ltd has paid a dividend," it said.

Under the Ministry of Power, NTPC is the largest power producer in India, which contributes 24 per cent of the total electricity produced in the country.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

First Published: Fri, February 24 2023. 17:02 IST


RECENT NEWS

Revoluts Australian Banking Licence Game Changer

Revolut has spent much of its life insisting that it is more than a bank. In Australia, it has now decided that becoming... Read more

The AI Bank Is Coming, But Who Controls The Risk?

Artificial intelligence is no longer something banks discuss as a distant possibility. It is already working behind the ... Read more

ClearBank UK Profit Leads To European Growth

ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more

Bank Of London Continues To Rebuild

ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more

JPMorgan's Berlin Moment: Chase Takes On Europe

There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more

What Strategy's Bitcoin Sale Really Tells Us

There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more