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NHPC released its quarterly results, the company's profit increased by 4 percent in April-June
NHPC Q1 Result: This month also many companies are announcing their quarterly results. Today NHPC released its quarterly results. This quarter the company's net profit has increased by 4 percent. Along with this, the net income of the company has also increased. The main reason for this increase is believed to be higher revenue. Let us know about it in detail.
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.
