NHPC, a Mini Ratna category I public sector utility, is Government of India’s flagship hydroelectric generation company. The company is primarily involved in the generation and sale of bulk power to various Power Utilities. Its other business includes providing project management / construction contracts/ consultancy assignment services and trading of power.
Financial Results:
- NHPC Limited reported Total Income for Q4FY23 of ₹ 2,229 Crores up from ₹ 2,027 Crore year on year, a rise of 10%.
- Total Expenses for Q4FY23 of ₹ 1,545 Crores up from ₹ 1,584 Crores year on year, fall of 2%.
- Consolidated Net Profit of ₹ 719 Crores, up 39% from ₹ 516 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 0.64, up 36% from ₹ 0.47 in the same quarter of the previous year.