NHPC declares highest ever PAT

ITANAGAR, 25 May: NHPC Limited 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%, according to a company statement.

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.

The board of directors approved the financial results and the financial statements for FY 2021-22 in the meeting held on 25 May at Faridabad.