HPL Electric & Power has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The company has reported 23.27% rise in its net profit at Rs 13.19 crore for the quarter under review as compared to Rs 10.70 crore for the same quarter in the previous year. Total income of the company increased by 17.37% at Rs 414.90 crore for Q4FY24 as compared Rs 353.49 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 21.74% rise in its net profit at Rs 13.72 crore for fourth quarter ended March 31, 2024 as compared to Rs 11.27 crore for the same quarter in the previous year. Total income of the company increased by 16.97% at Rs 425.83 crore for Q4FY24 as compared Rs 364.06 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the company has reported 48.63% rise in its net profit at Rs 41.26 crore as compared to Rs 27.76 crore for the previous year. Total income of the company increased by 16.96% at Rs 1424.67 crore for year under review as compared to Rs 1218.09 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the company has reported 44.23% rise in its net profit at Rs 43.63 crore as compared to Rs 30.25 crore for the previous year. Total income of the company increased by 15.75% at Rs 1465.09 crore for year under review as compared to Rs 1265.77 crore for year ended March 31, 2023.
