The company’s profit has increased by 1.2 percent compared to last year and has increased from Rs 1095 crore to Rs 1108 crore. At the same time, the income has declined by 2.3 percent to Rs 2694 crore
NHPC has released its June quarter results. The company’s profit has increased by more than one percent. However, the income has fallen by more than 2 percent. Along with the fall in income, the company’s expenses have also decreased, so there has been an increase in profit. Along with the income, the company’s EBITDA has also seen a decline of more than 2 percent, while the margin has also registered a slight decline. The results were released after the market closed. On Wednesday, NHPC’s stock closed above the level of 100 with a gain of 2.7 percent on BSE.
The company’s profit has increased by 1.2 percent compared to last year and has increased from Rs 1095 crore to Rs 1108 crore. At the same time, the income has declined by 2.3 percent to Rs 2694 crore which was Rs 2757 crore a year ago. The total expenses of the company have come down from Rs 1655 crore to Rs 1618 crore.
The company’s profit has increased by 1.2 percent over last year and has increased from Rs 1095 crore to Rs 1108 crore. At the same time, the income has declined by 2.3 percent to Rs 2694 crore, which was Rs 2757 crore a year ago. The total expenses of the company have come down from Rs 1655 crore to Rs 1618 crore.
The company’s EBITDA has fallen by 2.8 percent and has come down from Rs 1504.6 crore to Rs 1462.6 crore. Margins have been at 54.3 percent, which was at 54.6 percent a year ago.
How was the performance of the stock
The stock has seen a rise in Wednesday’s trading. The stock has grown more than 100 percent in the last one year. At the same time, the stock has grown nearly 4 times in 3 years. So far in the year 2024, the stock has grown more than 55 percent. However, the stock has given a return of negative 3 percent in one month.