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India Power Corporation Ltd Q1FY24; 5% rise in Profits

Incorporated in 1919, India Power Corporation Ltd is engaged in business of Power Distribution, Renewable Power Generation and Smart Grid.

Financial Results:

India Power Corporation Ltd reported Revenues for Q1FY24 of ₹172.18 Crores up from ₹143.71 Crore year on year, a rise of 19.81%.

Total Expenses for Q1FY24 of ₹175.24 Crores up from ₹173.98 Crores year on year, a rise of 0.72%.

Consolidated Net Profit of ₹3.34 Crores up 5.03% from ₹3.18 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.03, from ₹0.03 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Power
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