NTPC, JK Cement among 109 companies to declare earnings

In the March quarter, two big companies of the country, NTPC and JK Cement, have recorded excellent financial results. NTPC's net profit increased by 22 percent and JK Cement made a huge profit by making a tremendous jump of 64.5 percent. Both the companies have also made a strong increase in revenue, which shows the strength of the business and the positive state of demand in the market.

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NTPC's net profit increased by 22 percent in March quarter

Public sector power company NTPC said on Saturday that its consolidated net profit grew by about 22 percent to Rs 7,897.14 crore in the March quarter. The company told the stock market that it had recorded a net profit of Rs 6,490.05 crore in the January-March quarter of 2023-24.

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NTPC's operating income during the quarter under review increased from Rs 47,628.19 crore to Rs 49,833.70 crore on an annual basis. The company's net profit for the full financial year 2024-25 increased to Rs 23,953.15 crore from Rs 21,332.45 crore in 2023-24. During this period, operating income also increased from Rs 1,78,524.80 crore to Rs 1,88,138.06 crore. The board of directors of the company has recommended a final dividend of 33.50 per cent (Rs 3.35 per share) for 2024-25.

JK Cement's profit increased by 64.4 percent in the fourth quarter

JK Cement Limited on Saturday said that its consolidated net profit increased by 64.5 per cent to Rs 361.33 crore in the March quarter of FY 2024-25. JK Cement Limited (JKCL) told the stock market that the company had recorded a profit of Rs 219.68 crore in the January-March quarter a year ago.

Summary

Operating revenue grew 15.3 percent to Rs 3,581.18 crore in the March quarter. It was Rs 3,105.77 crore in the same period a year ago. JKCL's total expenditure stood at Rs 3,092.04 crore in the March quarter, which is 9.8 percent more than the same quarter last year.