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The company announced its quarterly results ended June 30, 2023 wherein the net sales increased by 33.55 per cent to Rs 47,882 crore and net profit increased by 39 per cent to Rs 3,096 crore in Q1FY24 over Q1FY23. As of June 30, 2023, the company order book stands at Rs 4.13 lakh crore.

According to the quarterly results, the net sales increased by 26.67 per cent to Rs 0.76 crore and net profit decreased by 6.25 per cent to Rs 0.15 crore in Q1FY24 compared to Q1FY23. The company reported net sales of Rs 2.53 crore and net profit of Rs 0.77 crore in FY23.

Within the Nifty 50 index, BPCL, Asian Paints, and IndusInd Bank emerged as prominent gainers

According to the financials, NHPC Ltd has a market cap of over Rs 44,000 crore with a 3-year CAGR of 30 per cent. The net sales increased by 21.17 per cent and net profit increased by 41.47 per cent in Q4FY23 over Q4FY22. The company has a market cap of over Rs 50,000 crore.

On Thursday, at 03:30 pm, indices ended the trading session in red with the BSE Sensex Index down 0.28 per cent at 65,252.34 and the NSE Nifty-50 Index up 0.29 per cent at 19,387.