State-owned NHPC reported a slight 1% rise in consolidated net profit to Rs 1,108.46 crore for the June 2024 quarter, up from Rs 1,095.38 crore a year earlier. Total income grew to Rs 3,037.92 crore from Rs 3,010.22 crore. The board approved monetizing future cash flow from Dulhasti Power Station or other stations for 8/10 years in FY 2024-25. Raj Kumar Chaudhary has been appointed Chairman and Managing Director, effective August 7, 2024. For investors, the new leadership and steady profits suggest stable operations and potential investment opportunities.
