NHPC quarterly results are going to be released on 12 February 2024. The wait is over now. The company has positive estimates for the quarter. It deals with the development of hydroelectric power incorporating the company in 1975. It is running successfully around the world. We will share details about NHPC Q3 results 2024 updates below. The company was profitable the previous year with good YoY growth. It is capable of handling all the operations related to hydropower electricity and is willing to expand further creating an unshakable existence.
NHPC Q3 Results 2024, Net Revenue, Sales, Income, Net Profit, and Expenses
NHPC Q3 results 2024 is going to release its quarter results in two days. 12 February 2024, Monday will be the date for the release of the NHPC quarter results. The company is expecting growth in revenue and expenses. The net profit is also expected to have stable growth. Following is the detail about NHPC’s previous quarter results.
NHPC Q3 2023 made a revenue from operations of Rs. 2,582.76 Crore in the previous quarter. It was a jump on a YoY basis while a fall on a QoQ basis. The expenses were Rs. 1,303.06 crores in the quarter which increased the previous year and decreased the previous quarter. The company made a profit of Rs. 775.99 crore for the quarter. The EPS also declined in the last year to 1.17.
On the other hand, if we talk about the Q2 2024 results, the company’s net income was reduced in the previous quarter to Rs. 3,113.82 crore YoY basis. The expenses also reduced on QoQ bases to Rs. 1,573.54 Crore. While the profit of the company was Rs. 1,693.26 crore increasing on a QoQ basis. The EPS was increased to 1.46 which was higher on both QoQ basis and YoY basis.
The shares of the company are falling after the announcement of quarter results. The market size of the company is Rs. 96.62 Thousand Croes. The 52-week high for the share is Rs. 115.85 with the 52-week low is Rs. 37.75. The shares opened at Rs. 102 per share making a previous close at Rs. 101.5 per share. The company’s dividend yield is 1.91%. We will share more information about NHPC Ltd shares as we get to know more. The shares tend to fall in the coming days with the effect of the quarter results. We hope you get enough details about the NHPC Q3 2024 updates above.