{"id":152104,"date":"2023-08-09T11:30:41","date_gmt":"2023-08-09T15:30:41","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152104"},"modified":"2023-08-09T11:30:42","modified_gmt":"2023-08-09T15:30:42","slug":"hpl-electric-10-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/hpl-electric-10-rise-in-profits\/","title":{"rendered":"HPL Electric &#038; Power Ltd Q1FY24; 10% rise in Profits"},"content":{"rendered":"<p>HPL Electric &amp; Power Limited is a leading electrical equipment manufacturer in India operating for the past 40 years. The Company has significant presence across five key product verticals of electric equipment \u2013 metering solutions, modular switches, switchgears, LED lighting and wires<br \/>and cables. It caters to a wide spectrum of customer segments, such as power utilities, government agencies, and retail and institutional customers, with a strong brand recall as a trusted electrical brand.<\/p>\n<p><br \/><strong>Financial Results:<\/strong><\/p>\n<ul>\n<li>HPL Electric &amp; Power Ltd reported Revenues for Q1FY24 of \u20b9320.74 Crores up from \u20b9295.59 Crore year on year, a rise of 8.51%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b9310.91 Crores up from \u20b9286.88 Crores year on year, a rise of 8.38%.<\/li>\n<li>Consolidated Net Profit of \u20b96.94 Crores up 9.81% from \u20b96.32 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b91.08, up 10.20% from \u20b90.98 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-478-839x1024.png\" alt=\"\" class=\"wp-image-152106\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-478-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-478-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-478-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-478-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-478.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>HPL Electric &amp; Power Limited is a leading electrical equipment manufacturer in India operating for the past 40 years. The Company has significant presence across five key product verticals of electric equipment \u2013 metering solutions, modular switches, switchgears, LED lighting and wiresand cables. It caters to a wide spectrum of customer segments, such as power [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[10158],"class_list":["post-152104","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-power"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150853,"url":"https:\/\/alphastreet.com\/india\/orient-electric-ltd-q1fy24-5-rise-in-profits\/","url_meta":{"origin":152104,"position":0},"title":"Orient Electric Ltd Q1FY24; 5% rise in Profits","author":"Karan_Singh","date":"August 2, 2023","format":false,"excerpt":"Orient Electric is one of the leading consumer electrical brands in India with a diverse portfolio of fans, lighting, home appliances and switch-gears. The company takes pride in its R&D capabilities, spirit of continuous innovation and commitment to manufacturing cutting-edge lifestyle electrical products that meet the needs and expectations of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-64.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-64.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-64.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-64.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-64.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-64.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153558,"url":"https:\/\/alphastreet.com\/india\/kirloskar-electric-company-ltd-q1fy24-15-rise-in-revenue\/","url_meta":{"origin":152104,"position":1},"title":"Kirloskar Electric Company Ltd Q1FY24; 15% rise in Revenue","author":"Hardik Bhandare","date":"August 14, 2023","format":false,"excerpt":"Kirloskar Electric Company Ltd, established in 1946, is an electrical engineering company that produces AC Motors, DC Motors, Transformers, Switchgear and Electronics through ninemanufacturing units. 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Financial Results: Kirloskar Electric\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-958.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-958.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-958.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-958.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-958.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-958.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153848,"url":"https:\/\/alphastreet.com\/india\/techno-electric-31-fall-in-profits\/","url_meta":{"origin":152104,"position":2},"title":"Techno Electric &#038; Engineering Company Ltd Q1FY24; 31% fall in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"Techno Electric & Engineering Company Ltd (TEECL) is engaged in providing Engineering, Procurement and Construction (EPC), asset ownership and operations and maintenance services in the power infrastructure industry. 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