NHPC Limited announced Q4 FY2024 Results, consolidated PAT down by 18% while revenue up by 4% on a YOY basis

Tanushree Jaiswal Tanushree Jaiswal

Last Updated: 18th May 2024 - 11:28 am

Listen icon

Synopsis:

NHPC Limited announced its quarterly results for March 2024 on 17th May after market hours. It is a government-owned company and also has the status of “Mini Ratna”. It reported a consolidated PAT of ₹610.93 cr for Q4 FY2024. Its consolidated total revenue for Q4 FY2024 increased by 4.11% on a YOY basis reaching ₹ 2320.18 cr. The company also declared a ₹ 0.50 per share dividend. 

Quarter result performance

The company’s consolidated total revenue for Q4 FY2024 was up by 4.11% on a YOY basis, reaching ₹ 2320.18 cr from ₹ 2228.68 cr in Q4 FY2023. The quarterly consolidated revenue was down by 9%. NHPC reported a consolidated PAT of ₹ 610.93 cr for Q4 FY2024 against ₹ 745.27 cr in Q4 FY2023, which is a decline of 18.03%. On a quarterly basis, the consolidated PAT was down by 2.79%. EBITDA was also down by 1.4% reaching ₹ 885.4 cr. While its EBITDA margin was 44%.

NHPC Limited

Revenue

Q4 FY24

 

Q3 FY24

 

Q4 FY23

2,320.18

 

2,549.69

 

2,228.68

 

 

 

 

 

% Change

 

 

-9.00%

 

4.11%

 

(Current)

 

(Q-o-Q)

 

(Y-o-Y)

PBT

Q4 FY24

 

Q3 FY24

 

Q4 FY23

930.23

 

822.52

 

672.90

 

 

 

 

 

% Change

 

 

13.10%

 

38.24%

 

(Current)

 

(Q-o-Q)

 

(Y-o-Y)

PBT M BPS(%)

Q4 FY24

 

Q3 FY24

 

Q4 FY23

40.09

 

32.26

 

30.19

 

 

 

 

 

% Change

 

 

24.28%

 

32.79%

 

(Current)

 

(Q-o-Q)

 

(Y-o-Y)

PAT (₹ Cr)

Q4 FY24

 

Q3 FY24

 

Q4 FY23

610.93

 

628.44

 

628.44

 

 

 

 

 

% Change

 

 

-2.79%

 

-18.03%

 

(Current)

 

(Q-o-Q)

 

(Y-o-Y)

PAT M BPS (%)

Q4 FY24

 

Q3 FY24

 

Q4 FY23

26.33

 

24.65

 

33.44

 

 

 

 

 

% Change

 

 

6.83%

 

-21.26%

 

(Current)

 

(Q-o-Q)

 

(Y-o-Y)

EPS

Q4 FY24

 

Q3 FY24

 

Q4 FY23

0.36

 

0.40

 

0.43

 

 

 

 

 

% Change

 

 

-10.00%

 

-16.28%

 

(Current)

 

(Q-o-Q)

 

(Y-o-Y)

For the full financial year ending in March 2024, the consolidated PAT stood at ₹ 4,028.01 cr compared to ₹ 4,260.83 cr in FY 2023, down by 5.46%. For FY 2024, its consolidated total revenue stood at ₹ 10,993.91 cr compared to ₹ 11,284.90 cr in FY 2023, down by 2.58%. 

NHPC Limited announced a final dividend of ₹ 0.50 per share having a face value of Rs. 10 at 5%. This is an additional dividend in FY2024 as the company also declared a ₹ 1.40 per share interim dividend in March 2024. 

About National Hydroelectric Power Corporation (NHPC) Limited
NHPC Limited is a premier Indian organisation in the field of hydropower development. Established in 1975, NHPC has grown into a significant player in the energy sector, particularly in hydropower, and has diversified into other forms of renewable energy like solar, wind, and geothermal power. Its headquarters is located in Faridabad, Haryana, India.
 

How do you rate this article?

Characters remaining (1500)

Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

Get 100 trades FREE* with the code "FREEPACK"
+91
''
Resend OTP
''
''
Please Enter OTP
''
By proceeding, you agree T&C*
Mobile No. belongs to

Corporate Actions Related Articles

Vodafone Idea stock gains 4% a...

by Tanushree Jaiswal 21st Jun 2024

Axis Bank equity stake worth R...

by Tanushree Jaiswal 21st Jun 2024

Zomato stock call: Bernstein s...

by Tanushree Jaiswal 21st Jun 2024

JM Financial stock falls on SE...

by Tanushree Jaiswal 21st Jun 2024

Aster DM block deal: 9.3% stak...

by Tanushree Jaiswal 21st Jun 2024

Want to Use 5paisa
Trading App?