State-owned power company NTPC announced a consolidated net profit of Rs 4,726.40 crore for Q2 2023-24, marking a 38% increase from the previous year, primarily due to higher revenues. Total income for the quarter reached Rs 45,384.64 crore. The board also approved a first interim dividend of 22.5% (Rs 2.25 per share) on the face value of paid-up equity shares of Rs 10 each, payable on November 23, 2023. NTPC’s average tariff decreased to Rs 4.61 per unit in April-September, and the company saw growth in gross electricity generation and coal production. The plant load factor for coal-based thermal power plants also improved.