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NPCIL FY16 net goes up to Rs.2,707 crore

NPCIL FY16 net goes up to Rs.2,707 crore

Chennai, May 28 (IANS) India's atomic power plant operator Nuclear Power Corporation of India Ltd (NPCIL) closed last fiscal with a net profit of Rs.2,707 crore, up by around Rs.506 crore over the previous fiscal.

According to NPCIL, the company had logged a net profit of Rs.2,707 for on a total revenue of Rs.9,795 crore for the year ended 31.3.2016.

The nuclear power plant operator had earned a revenue of Rs.8,957 crore and a net profit of Rs.2,201 crore for the year ended 31.3.2015.

 

The NPCIL board that met on Friday in Mumbai has recommended a dividend of 30 percent of post tax profit excluding self-insurance fund of Rs.78.37 per share for the year 2015-16 totalling to Rs.800.24 crore.

The Rs.10,217 crore equity capital based NPCIL has already paid an interim dividend of Rs.630.11 crore during the fiscal 2015-16.

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