NHPC Ltd on Monday reported its third quarter profit for the financial year 2023-24 at Rs 491.90 crore, down 26.8 per cent in comparison to Rs 671.67 crore during the corresponding quarter of previous year. It posted revenue from operations at Rs 2,055.50 crore, up 20.4 per cent as against Rs 2,582.76 crore during the quarter ended December 2022. While the company posted total income for the quarter at Rs 2,549.69 crore, total expenses incurred by NHPC during Q3FY24 was at Rs 1,727.85 crore.
The company board also announced payment of interim dividend at the rate of 14 per cent (Rs 1.40 per equity share) on the face value of paid-up equity shares of Rs 10 each for the financial year 2023-24.
