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FINWIRES

NTPC's Consolidated Profit Rises in Fiscal Q4

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NTPC's (NSE:NTPC, BOM:532555) consolidated attributable profit rose to 104.9 billion Indian rupees in the fiscal fourth quarter ended March 31, from 76.1 billion rupees a year ago.

Earnings per share climbed to 10.81 rupees from 7.85 rupees a year earlier, the state-owned power producer said in a filing to the Indian stock exchanges on Saturday. The EPS was higher than the 6.59 rupees estimated by analysts polled by Visible Alpha.

Revenue from operations in fiscal Q4, however, declined to 496.9 billion rupees from 498.3 billion rupees a year ago.

The company's board recommended a final dividend of 3.50 rupees per equity share of face value of 10 rupees each.

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