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India Power Corporation Ltd Q2FY24; 3% 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 Q2FY24 of ₹161.22 Crores up from ₹158.27 Crore year on year, a rise of 1.86%.

Total Expenses for Q2FY24 of ₹171.22 Crores down from ₹177.03 Crores year on year, a fall of 3.28%.

Consolidated Net Profit of ₹3.76 Crores up 3.3% from ₹3.64 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.04, from ₹0.04 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.

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