State-owned company NHPC has announced its quarterly results. In this announcement, the company said that the company's net profit has increased by 4 percent in the April-June quarter of the current financial year 2023-24. The main reason for this has been the high revenue of the company. Now the net profit of the company has increased to Rs 1,095.38.

BSE filing showed that the company's net profit for the quarter ended June 30, 2022, was Rs 1,053.76 crore. With this, the net income of the company has also increased this quarter.

In the current financial year 2023-24, the net income of the company has gone up to Rs 3,010.22 crore. The net income of the company was only Rs 2,886.95 crore in the same quarter last year. Let us tell you that NHPC Limited is the leading hydropower company in India. The total installed capacity of the company for renewable energy through 25 power stations is 7097.2 MW. Wherein it includes 1520 MW through a subsidiary company.

Let us tell you that NHPC shares closed with gains in Friday's session. In the previous session, NHPC shares closed at Rs 50.20 per share, up 0.50 points.

ONGC is India's largest crude oil government company. ONGC released the results of this quarter on the previous day. This quarter the company's net profit has come down by more than 34 percent. Apart from this, the company's revenue has also declined by 20 percent. Now the revenue of the company has increased to Rs 33,814 crore.