NHPC has posted 39.40 per cent growth in consolidated net profit at ₹719.18 crore for March quarter 2022-23 helped by higher income.
It had clocked a net profit of ₹515.90 crore during January-March 2021-22, the company said in a regulatory filing on Monday.
Total income also rose to ₹2,228.68 crore from ₹2,026.62 crore in the year-ago quarter.
For the entire 2022-23, net profit increased to ₹4,234.74 crore from ₹3,774.33 crore in previous fiscal year. Total income during the entire fiscal year was at ₹11,284.90 crore, higher than ₹10,108.26 crore in FY22.
The board has also approved a final dividend of ₹4.50 per share of face value of ₹10 each for FY23.
NHPC, under Ministry of Power, is India's largest hydropower producer.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.