India Power Corporation Q1 Results Reported PAT ₹309.75 lakhs, Revenue Down to ₹17,167.13 Lakhs

India Power Corporation Q1 Results: India Power Corporation unveiled its financial results for the first quarter of the 2024-2025 fiscal year on August 2, 2024. The company experienced a slight decline in revenue, with total income reaching ₹18,040.41 lakhs, a decrease of 2.96% from ₹18,580.72 lakhs in the same period last year.

Revenue from operations also fell by 3.98% year-over-year, from ₹17,876.30 lakhs in Q1 2023 to ₹17,167.13 lakhs in Q1 2024. Despite the revenue drop, the company’s profit before tax improved, standing at ₹438.79 lakhs, a notable increase of 11.77% from ₹392.54 lakhs in Q1 2023.

However, the profit for the period was ₹309.75 lakhs, reflecting a slight decrease compared to the previous year's figure. Overall, while revenue showed a decline, the company managed to achieve a better profit before tax, indicating strong financial management and operational efficiency.

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India Power Corporation Q1 Results 2024 - 2025

India Power Corporation has released its financial results for the first quarter of 2024-2025. The company experienced a slight decrease in revenue compared to the same period last year but saw improvements in profitability. Here are the details of the Q1 results:

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India Power Corporation Current Market Overview

India Power Corporation is currently trading at ₹19.4 per share, showing a small increase of 0.99%. The company has a market value of ₹1,891 crore. Over the past year, its stock price has fluctuated between ₹13.7 and ₹28.0.

With a high Price-to-Earnings (P/E) ratio of 108, the company’s stock appears expensive relative to its earnings. It offers a dividend yield of 0.26% and has a book value of ₹10.4 per share. The Return on Capital Employed (ROCE) is 4.37%, and the Return on Equity (ROE) is 1.70%, indicating modest financial performance.

Quarterly Results

Here is a summary of India Power Corporation’s quarterly results for the periods of December 2023, March 2024, and June 2024:

In the latest financial quarters, India Power Corporation has shown varying performance. The company saw improvements in operating profit and net profit over these three quarters.

About India Power Corporation 

India Power Corporation is a major power utility company based in Kolkata, West Bengal. Established in 1919, it provides electricity across India and is known for its commitment to renewable energy and reducing carbon emissions.

The company aims to be a leading energy solutions provider by delivering reliable and cost-effective power, both from conventional and renewable sources. India Power focuses on using the latest technology to improve power grid efficiency and minimize human intervention.

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