NHPC Q1FY25, net profit up by Rs 1,108 Cr
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.
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The 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.
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