Power

NHPC’s PAT up 8% to ₹3,834 crore during FY 2022-23

NHPC Limited, India’s premier hydropower company and a ‘Mini Ratna’ Category-I Enterprise of the Government of India, has declared its Audited Financial Results for the Financial Year 2022-23 with the approval of its Board of Directors.

The Company has reported Profit After Tax (PAT) of ₹3,834 Crore on standalone basis in FY 2022-23 against ₹3,538 Crore for the last fiscal, which is higher by 8%. Consolidated Net Profit for 2022-23 stood at ₹3,890 compared to ₹3,524 Crore in 2021-22, thereby registering an increase of 10%. NHPC Power Stations achieved generation of 24,907 Million Units (MUs) in FY 2022-23.

The Board of Directors recommended a final dividend of ₹0.45 per Equity share for Financial Year 2022-23 in addition to an interim dividend of ₹1.40 per share. Accordingly, total dividend for FY 2022-23 is ₹1.85 per share.

NHPC presently has an installed capacity of 7,097.2 MW from 25 power stations and is presently engaged in the construction of 16 projects aggregating to a total installed capacity of 10,489 MW. It also has 12 Projects with aggregate capacity of 5,882 MW under clearance stage and 2 projects with aggregate capacity of 890 MW in Survey & Investigation stage.

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