State-owned hydro power giant NHPC Ltd has reported a marginal rise in its consolidated net profit of over one percent to Rs 1,108.46 crore in the June 2024 quarter.
The company's net profit for the quarter increased by about 1.18% to Rs 1,108.46 crore, compared to the Rs 1,095.38 crore reported in the same period last year. The revenue from operations was Rs 2,694 crore, a decrease of around 2% from the Rs 2,757 crore reported in the previous year.
Read Also : Coal Ministry Achieves 411.62 MT Production in FY 2024-25The company had reported a consolidated net profit of Rs 1,095.38 crore in the quarter ended on June 30, 2023, a BSE filing showed. Total income has increased to Rs 3,037.92 crore in the quarter from Rs 3,010.22 crore in the same period a year ago.
The board also approved monetization of future cash flow (return on equity) in respect of Dulhasti Power Station or any other power station(s) of the company for 8/10 years in a single tranche during the financial year 2024-25.
Read Also : Need for adopting multi-pronged strategy for Research & Development in Defence sector: BEL CMDNews Must Read
- NLCIL plans three fold increase in its total power generation capacity by 2030
- DVC enters into financial collaboration with State Bank of India
- IREDA Signs MoU with SJVN and GMR for 900 MW Hydropower Project in Nepal
- IREDA Signs MoU with SJVN and GMR fo Hydro Project in Nepal
- SJVN CMD visited 1320 MW Buxar Thermal Power Project
- Petroleum Minister Hardeep S Puri Highlights India’s Bioenergy Progress
- NBCC bags orders worth Rs. 182.50 Crore
- OMCs increases price of 19 kg commercial LPG cylinder by Rs 39
- HUDCO Issues Record Date For Dividend, Shares Rise 118% YTD
- NTPC Bongaigaon to Support TB Eradication Efforts; Partners with District Administration, Kokrajhar