Navratna public sector undertaking (PSU) NHPC Ltd shares today settled with decline of 0.28% on Bombay Stock Exchange (BSE) to Rs 77.43 per share. The company today recommended payment of interim dividend of 14% or Rs 1.40 per equity share of the face value of Rs 10/- for the financial year 2024-25. It recommended dividend post market hours.
The Board of the power sector PSU fixed February 13, 2025 as the record date. Meanwhile, NHPC shares slipped 22.92% in last 6-months and soared 91.90% in last 2-years. The company has a market cap of Rs 77,778.70 crore.Check key details below:
NHPC Q3 Results
The company today declared its financial results for the quarter and nine months ended December 31, 2024. Its consolidated net profit for the quarter ended December 31, 2024 announced at Rs 330.13 crore, indicating a fall of 47.03% from Rs 623.28 crore reported in the corresponding quarter of last year. The firm declared its consolidated total income for the December 2024 quarter at Rs 2616.89 crore, reflecting a marginal surge of 2.64% as against Rs 2549.69 crore total income reported in the similar quarter of last year. Total expenses for the quarter under review announced at Rs 2217.51 crore from Rs 1733.01 crore reported in the same quarter of last year.
NHPC Recommends Interim Dividend
The company in its regulatory filing dated February 7, 2025 declared, “the Board of Directors of NHPC Limited in its meeting held today i.e. Friday, February 7, 2025 had inter-alia considered and approved the following:
Payment of interim dividend at the rate of 14% (Rs 1.40/- per equity share) on the face value of paidup equity shares of Rs 10/- each for the financial year 2024-25. Pursuant to Regulation 42 of SEBI LODR, the Board has fixed Thursday, February 13, 2025 as record date for the purpose of ascertaining eligibility of shareholders for payment of interim dividend. The interim dividend shall be paid/ dispatched within the period as stipulated in the Companies Act, 2013.”
NHPC Issues Record Date For Interim Dividend
The company fixed February 13, 2025 as the record date for interim dividend.
NHPC Shares Performance
The 52-week high price of NHPC Limited share on BSE stood at Rs 118.45 per share (as on 15/07/2024) and 52-week low price quoted at Rs 72.19 per share (as on 13/01/2025), respectively. NHPC shares tumbled 24.56% in last 1-year, rallied 158.53% in last 3-years, and offered return of 216.04%.
NHPC Shares Fall 34.63% From Peak
It is worth mentioning here that the scrip fell 34.63% from its 52-week high price of Rs 118.45 per share, if today’s last trading price of Rs 77.43 is taken into consideration.
Disclaimer
The story highlights Q3 results, dividend, and should not be considered as investment advice by the Moneydaily.in or the author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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