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NHPC earns highest-ever profit of Rs 3538 Crs. during FY 21-22, declares highest ever dividend of Rs 1.81 per share

May 25th, 2022 9:02 pm | By | Category: LATEST NEWS

Abhay Kumar Singh,
CMD, NHPC Limited.


(THE NEWSMAN OF INDIA.COM)
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 2021-22. The Board of Directors approved the Financial Results and the Financial Statements for FY 2021-22 in the meeting held on May 25th, 2022 at Faridabad.

The Company has reported the highest ever Profit After Tax (PAT) of Rs 3538 Crore on standalone basis in FY 2021-22 against Rs 3245 Crore for the last fiscal, which is higher by 9%. Consolidated Net Profit for 2021-22 stood at Rs 3774 Crore, compared to Rs 3600 Crore in 2020-21, thereby registering an increase of 5%.

NHPC Power Stations achieved generation of 24855 Million Units (MU) in FY 2021-22 which is higher than generation during FY 2020-21 by 384 MUs.

The Board of Directors have recommended final dividend of Rs 0.50 per Equity share for Financial Year 2021-22 in addition to interim dividend of Rs 1.31 per share. Accordingly, total dividend for FY 2021-22 is Rs 1.81 per share which is the highest ever dividend declared by the Company.

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