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NHPC earns profit of Rs 3834 Crore during FY 2022-23

May 30th, 2023 7:51 pm | By | Category: LATEST NEWS

R K Vishnoi
CMD


(THE NEWSMAN OF INDIA.COM)
NHPC has declared its Audited Financial Results for the Financial Year 2022-23. The Board of Directors approved the Financial Results and the Financial Statements for FY 2022-23 in the meeting held on May 29, 2023. The Company has reported Profit After Tax (PAT) of Rs 3834 Crore on standalone basis in FY 2022-23 against Rs 3538 Crore for the last fiscal, which is higher by 8%. Consolidated Net Profit for 2022-23 stood at Rs 3890 compared to Rs 3524 Crore in 2021-22, thereby. Registering an increase of 10%.

NHPC Power Stations achieved generation of 24907 Million Units (MU) in FY 2022-23.The Board of Directors have recommended final dividend of Rs 0.45 per Equity share for Financial Year 2022-23 in addition to interim dividend of Rs 1.40 per share. Accordingly, total dividend for FY 2022-23 is Rs 1.85 per share.

NHPC presently has an installed capacity of 7097.2 MW from 25 power stations and is presently engaged in the construction of 16 projects aggregating to a total installed capacity of 10489 MW. It also has 12 Projects with aggregate capacity of 5882 MW under clearance stage and 2 projects with aggregate capacity of 890 MW in Survey & Investigation stage.

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