NHPC (NSE:NHPC) Second Quarter 2023 ResultsKey Financial Results
- Revenue: ₹35.3b (up 20% from 2Q 2022).
- Net income: ₹15.4b (up 15% from 2Q 2022).
- Profit margin: 44% (down from 45% in 2Q 2022). The decrease in margin was driven by higher expenses.
- EPS: ₹1.53 (up from ₹1.33 in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
NHPC Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 9.3%. Earnings per share (EPS) also surpassed analyst estimates by 18%.
Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Renewable Energy industry in Asia.
The company's shares are up 2.4% from a week ago.
Risk AnalysisBe aware that NHPC is showing 2 warning signs in our investment analysis that you should know about...
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