NHPC, a Mini Ratna category I public sector utility, is Government of India’s flagship hydroelectric generation company. The company’s main business is the production and sale of bulk electricity to several power utilities. Project management, building contracts, consulting assignments, and power trading are among its other businesses.
Financial Results:
During the period ended December 31, 2022, a total income of INR 2691.34 crores was reported by the company. This is in comparison to a total income of INR 2373.72 crores that the company reported in the year-ago period.
For the third quarter of FY23, a net profit of INR 671.67 crores was reported by the company as against INR 813.21 that the company posted in the year ago quarter.
The EPS of the company declined from INR 0. 81, reported in the period ended December 31, 2021, to INR 0.67 in the period ended December 31, 2022.