Electric Utilities company NLC India announced Q3FY24 & 9MFY24 results: Consolidated Results PAT: The group's PAT rose to Rs 1,754 crore, marking a 197% increase from Rs 590 crore in the prior year's corresponding period. PBT: The group's PBT for 9MFY24 was Rs 2,716 crore, a substantial 240% growth from Rs 799 crore in the prior year. Standalone Results EBITDA: EBITDA reached Rs 4,137 crore, registering an 87% increase from Rs 2,212 crore in the comparable period. Profit Before Tax (PBT): PBT for 9MFY24 stood at Rs 2,566 crore, a significant rise of 352% over Rs 568 crore from the previous year. Profit After Tax (PAT): For the nine months ended December 31, 2023, PAT was Rs 1,673 crore, a growth of 253% compared to Rs 474 crore from the same period last year. Operational Achievements Ghatampur Thermal Power Station: Unit 1 (660 MW) of the Ghatampur Thermal Power station was successfully synchronized with the grid on November 4, 2023. Star Rating: NLC Mines was rated with a 13 Star rating and recognized as the Best Mines in the country for the second consecutive year. EPC Contract: An EPC contract was awarded to BHEL for the three-unit (3 x 800 MW) pithead ultra supercritical Talabira Thermal Power Project in Odisha on January 12, 2024. Corporate Announcements Prime Minister's Inauguration: On February 3, 2024, the Honorable Prime Minister laid the foundation stone for the Talabira Thermal Power Project. Interim Dividend: A 15% interim dividend was declared for the financial year 2023-24. New Subsidiary: NLC India Green Energy Ltd (NIGEL) was incorporated to focus on green energy projects/initiatives. Financial Performance Capital Expenditure: The company achieved Rs 3,493 crore against the annual target of Rs 2,880 crore, indicating an overachievement of 21%. Result PDF
Electric Utilities company NLC India announced Q2FY24 & H1FY24 results: Q2FY24: PAT for Q2FY24 jumped to Rs 1,121 crore from Rs 367 crore in Q2FY23, registering a growth of 205%. Consolidated H1FY24: Profit After Tax (PAT) of the Group: Rs 1,500 crore, a 52.10% YoY growth. Profit/ (Loss) before tax of the Group: Rs 2,314 crore, a 57.44% YoY growth. EBITDA of the Group: Rs 3,675 crore, a 26.83% YoY growth. Revenue from operation of the Group: Rs 6,294 crore, compared to Rs 7,352 crore in the previous year. Total Income of the Group: Rs 6,663 crore, compared to Rs 7,545 crore in the previous year. Standalone H1FY24: Profit for the period (PAT): Rs 1,452 crore, a 66.32% YoY growth. Profit Before Tax (PBT): Rs 2,215 crore, a 71.42% YoY growth. EBITDA: Rs 3,278 crore, a 36.75% YoY growth. Revenue from operation: Rs 5,072 crore, compared to Rs 5,847 crore in the previous year. Total Income: Rs 5,434 crore, compared to Rs 5,998 crore in the previous year. Result PDF
Electric Utilities company NLC India announced Q1FY24 results: Consolidated Q1FY24: Revenue from the operation of the Group for Q1FY24 is Rs 3,316 crore as against Rs 3,863 crore in Q1FY23. The Total Income of the Group for Q1FY24 is Rs 3,428 crore as against Rs 3,966 crore in Q1FY23. Profit / (Loss) before tax of the Group for Q1FY24 is Rs 614 crore as against Rs 854 crore in Q1FY23. Profit After Tax (PAT) for the Q1FY24 is Rs 414 crore as against Rs 569 crore in Q1FY23. Standalone Q1FY24: Revenue from operation for Q1FY24 is Rs 2,601 crore as against Rs 3,094 crore in Q1FY23. Revenue from Sale of Coal during Q1FY24 is Rs 461 crore as against Rs 449 crore in Q1FY23, registering a increase of 2.83%. The Total Income of the Company for Q1FY24 is Rs 2,690 crore as against Rs 3,177 crore in Q1FY23. Profit for the period (PAT) for Q1FY24 is Rs 331 crore as against Rs 506 crore in Q1FY23. Result PDF
Electric utilities company NLC India announced Q4FY23 & FY23 results: Consolidated: Power generation of 30.08 BU in FY23 against 29.20 BU in FY22, witnessing a growth of 3% Power export has also touched an all-time high of 26.81 BU in FY23 against 25.89 BU in FY22, witnessing a growth of 3.55% Revenue from operations has also recorded the highest at Rs 16,165 crore in FY23 against Rs 11,948 crore in FY22, with an increase of 35% over FY22 Net profit jumped 28% in FY23 to Rs 1,426 crore, against Rs 1,116 crore in FY22, while the collection efficiency stood at 90.19% in FY23 The capex during FY23 stood at Rs 3,308 crore, against MoU target of Rs 2,920 crore, achieving 113% of the target EBITDA of Q4FY23 stood at Rs 1,958 crore, against Rs 1,239 crore in Q4FY22, with an increase of 58% Standalone: The total Income increased to Rs 14,196 crore in FY23 from Rs 10,662 crore in FY22, registering a growth of 33% EBITDA of Q4FY23 stood at Rs 1,700 crore, against Rs 1,185 crore in Q4FY22, with an increase of 43% PAT has jumped 76% to Rs 774 crore in Q4FY23 from Rs 440 crore in Q4FY22 NLCIL Board has recommended a final dividend for FY23 at 20% (Rs 2 per share) of the paid-up equity share capital. Thus, the total dividend for FY23 amounts to 35% of the paid-up equity share capital (considering interim dividend of 15% of the paid-up equity capital). Result PDF
Electrical utilities company NLC India announced Q2FY23 results: Standalone: Revenue from operation for the H1FY23 is Rs 5,847.21 crore as against Rs 4,853.63 crore in the corresponding period of the previous year, registering a growth of 20.47%. The Total income of the Company for the H1FY23 is Rs 5,997.68 crore as against Rs 5,377.1 crore in the corresponding period of the previous year, registering a growth of 11.54%. Profit for the period (PAT) for the H1FY23 is Rs 873.29 crore as against Rs 567.43 crore in the corresponding period of the previous year, registering a growth of 53.90%. Consolidated: Revenue from operations of the Group for the H1FY23 is Rs 7,352.19 crore as against Rs 6,130.26 crore in the corresponding period of the previous year, registering a growth of 19.93%. The Total income of the Group for H1FY23 is Rs 7,545.16 crore as against Rs 6,535.52 crore in the corresponding period of the previous year, registering a growth of 15.45%. Profit / (Loss) before Exceptional item and tax of the Group for H1FY23 is Rs 1,469.93 crore as against Rs 1,395.83 crore in the corresponding period of the previous year, registering a growth of 5.31%. Profit After Tax (PAT) for H1FY23 is Rs 985.86 crore as against Rs 554.61 crore in the corresponding period of the previous year, registering a growth of 77.76%. Result PDF
Electric Utilities firm NLC India announced Q1FY23 Result : Standalone: Power Generation during the quarter ended 30.06.2022 is 6963.03 MU against 6638.63 MU in the corresponding period of the previous year, registering a growth of 4.89% and respectively. Highest Ever Power generation (6963.03 MU) for any Quarter since inception is achieved in Q1 2022-23 (Previous highest gross generation was 6638.63 MU in Q1 2021-22) Lignite Production during the quarter ended 30.06.2022 is 63.25 LT against 49.62 LT in the corresponding period of the previous year. Coal Sales during the quarter ended 30.06.2022 is 27.12 LT against 4.31 LT in the corresponding period of the previous year. NLCIL average PLF - 80.32 % against All India Average of 69.50 % TPS I Expn secured #1 in Performance among all Thermal Power Plants in the country for the Q1 FY 2022-23 as per the CEA report. Consolidated: Power Generation during the quarter ended 30.06.2022 is 8391.66 MU as against 7965.55 MU in the corresponding period of the previous year, registering a growth of 5.35%. Result PDF