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NTPC posts 38% jump in net profit

GST authorities tell NTPC to cough up Rs 100 cr
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GST authorities tell NTPC to cough up Rs 100 cr

New Delhi: Government-owned power giant NTPC reported a consolidated net profit of Rs 4,726.4 crore for the July-Sept quarter the current financial year which represents a 38.3 per cent jump over the corresponding figure of Rs 3,417.67 crore for the same quarter of the previous year.

The NTPC board has approved payment of the first interim dividend of Rs 2.25 per share on the face value of paid-up equity shares of Rs 10 each for FY24. The dividend will be paid on November 23.

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