Photo: Wikimedia Commons
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
NHPC Pays Interim Dividend Of Rs 997.75 Crore To Govt For 2022-23
State-owned hydro power giant NHPC has paid an interim dividend of Rs 997.75 crore to the government for 2022-23
Topics
NHPC | hydro power
State-owned hydro power giant NHPC has paid an interim dividend of Rs 997.75 crore to the government for 2022-23.
"NHPC has paid an interim dividend of Rs 997.75 crore to government of India for the financial year 2022-23 on 2nd March 2023," a company statement said.
The NHPC had already paid Rs 356.34 crore to the government during the current fiscal 2022-23 on account of final dividend for the financial year 2021-22.
Thus, the NHPC has paid total dividend of Rs 1,354.09 crore to the government during the financial year 2022-23.
NHPC today has more than eight lakh shareholders and total interim dividend pay-out for the financial year 2022-23 worked out to Rs 1,406.30 crore.
NHPC had earned a net profit of Rs 3,264.32 crore for the nine months ended FY23 as against the previous period corresponding figure of Rs 2,977.62 crore. The company had earned a net profit of Rs 3,537.71 crore for the financial year 2021-22.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Thu, March 02 2023. 23:07 IST
RECENT NEWS
Revoluts Australian Banking Licence Game Changer
Revolut has spent much of its life insisting that it is more than a bank. In Australia, it has now decided that becoming... Read more
The AI Bank Is Coming, But Who Controls The Risk?
Artificial intelligence is no longer something banks discuss as a distant possibility. It is already working behind the ... Read more
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more