Q4 2024 NTPC Ltd Earnings Call Transcript
Key Points
- NTPC Ltd (BOM:532555) added 3,924 megawatts of commercial capacity in FY '24, increasing its total commercial capacity to 75,958 megawatts for the group.
- The company generated 422 billion units in FY '24, a 6% increase from the previous year.
- Profit after tax for the group increased by almost 25% to INR 21,332 crores in FY '24.
- NTPC Ltd (BOM:532555) has a robust renewable energy pipeline with 3.6 gigawatts commissioned and an additional 8.4 gigawatts under construction.
- The company has received several awards and accolades, including the ATD BEST Awards 2024 and the Top Employer certification in India.
- Total income for NTPC Ltd (BOM:532555) decreased slightly from INR 1,67,724 crores in the previous year to INR 1,65,707 crores in FY '24.
- Dividend income from subsidiaries and joint ventures decreased from INR 2,336 crores in FY '23 to INR 1,630 crores in FY '24.
- The rate of interest on borrowings increased from 6.4% in FY '23 to 6.67% in FY '24.
- There were delays in renewable energy project execution due to late clearance for module imports and land acquisition issues.
- Under recovery for the fiscal year was INR 776 crores, with significant contributions from the Barh and Barauni power plants.
Ladies and gentlemen, good day, and welcome to the NTPC Q4 FY '24 Conference Call, hosted by Nuvama Wealth Management. (Operator Instructions)
I now hand the conference over to Mr. Subhadip from Nuvama. Thank you, and over to you, sir.
Thank you. Good evening, friends. On behalf of Nuvama Institutional Equities, welcoming you all to the fourth quarter FY '24 results call of NTPC. We have with us today the top management of NTPC, represented by Mr. Jaikumar Srinivasan, Director of Finance; Mr. Shivam Srivastava, Director of Fuel; Mr. K. Shanmugha Sundaram, Director of Projects; Mr. Ravindra Kumar, Director, Operations.
I would now hand over the call to Mr. Srinivasan for his opening comments. Over to you, sir.
Thank you so much. A very good evening to all the participants. I Jaikumar Srinivasan, Director of Finance. Welcome you all to the Q4 FY '24 Earnings
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