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NHPC Ltd Q1FY24; 4% rise in Profits

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 Ltd reported Revenues for Q1FY24 of ₹2,757.00 Crores down from ₹2,785.00 Crore year on year, a fall of 1.01%.

Total Expenses for Q1FY24 of ₹1,656.00 Crores down from ₹1,748.00 Crores year on year, a fall of 5.26%.

Consolidated Net Profit of ₹1,095.00 Crores up 3.89% from ₹1,054.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.03, from ₹1.03 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.

Categories: AlphaGraphs Energy
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