Financial results. NHPC Q4 profit grows 39% to ₹719 crore

PTI Updated - May 30, 2023 at 12:05 PM.
File photo

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.

Published on May 30, 2023 06:35

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.