NTPC Distributes Rs 2,424 Crore: A 32-Year Dividend Tradition
NTPC has paid an additional interim dividend of Rs 2,424 crore to shareholders for the fiscal year ending March 2025, continuing its 32-year dividend streak. The company, a significant player in India's power sector, is expanding its capacity and exploring renewable energy and innovative business avenues.
- Country:
- India
State-owned NTPC has announced an additional interim dividend of Rs 2,424 crore for the financial year ending March 2025, reinforcing its longstanding commitment to shareholders. This payout follows a previous interim dividend of the same amount in November 2024.
The company's latest dividend represents 25% of its paid-up equity share capital. With this, NTPC's total dividend distribution for the current fiscal has reached Rs 8,000 crore, including a final dividend of Rs 3,152 crore for the 2023-2024 fiscal year, paid in September 2024.
This marks the 32nd consecutive year NTPC has rewarded its shareholders. As India's largest integrated power utility, NTPC contributes significantly to the country's energy needs while pursuing aggressive capacity expansion and diversification into renewable energy and innovative sectors.
Google News