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.
NHPC Reports Small Profit Increase, New Chairman Appointed
