NHPC trades in fine-fettle on reporting 39% rise in Q4 consolidated net profit
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NHPC is currently trading at Rs. 44.07, up by 1.16 points or 2.70% from its previous closing of Rs. 42.91 on the BSE.
The scrip opened at Rs. 43.50 and has touched a high and low of Rs. 45.19 and Rs. 43.26 respectively. So far 1614791 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 47.88 on 27-Apr-2023 and a 52 week low of Rs. 28.85 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 45.19 and Rs. 42.55 respectively. The current market cap of the company is Rs. 44599.95 crore.
The promoters holding in the company stood at 70.95%, while Institutions and Non-Institutions held 23.28% and 5.77% respectively.
NHPC has reported 1.67% rise in its net profit at Rs 569.47 crore for fourth quarter ended March 31, 2023 as compared to Rs 560.09 crore for the same quarter in the previous year. However, total income of the company decreased by 1.81% at Rs 1,971.21 crore for Q4FY23 as compared to Rs 2,007.48 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 39.40% rise in its net profit at Rs 719.18 crore for fourth quarter ended March 31, 2023 as compared to Rs 515.90 crore for the same quarter in the previous year. Total income of the company increased by 9.97% at Rs 2,228.68 crore for Q4FY23 as compared to Rs 2,026.62 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 8.37% rise in its net profit at Rs 3,833.79 crore as compared to Rs 3,537.71 crore for the previous year. Total income of the company increased by 8.74% at Rs 10,150.90 crore for year under review as compared to Rs 9,335.40 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 12.20% rise in its net profit at Rs 4,234.74 crore as compared to Rs 3,774.33 crore for the previous year. Total income of the company increased by 11.64% at Rs 11,284.90 crore for year under review as compared to Rs 10,108.26 crore for year ended March 31, 2022.
