Q4FY23 Quarterly & FY23 Annual Result Announced for NLC India Ltd.
Electric utilities company NLC India announced Q4FY23 & FY23 results: Consolidated: Power generation of 30.08 BU in FY23 against 29.20 BU in FY22, witnessing a growth of 3% Power export has also touched an all-time high of 26.81 BU in FY23 against 25.89 BU in FY22, witnessing a growth of 3.55% Revenue from operations has also recorded the highest at Rs 16,165 crore in FY23 against Rs 11,948 crore in FY22, with an increase of 35% over FY22 Net profit jumped 28% in FY23 to Rs 1,426 crore, against Rs 1,116 crore in FY22, while the collection efficiency stood at 90.19% in FY23 The capex during FY23 stood at Rs 3,308 crore, against MoU target of Rs 2,920 crore, achieving 113% of the target EBITDA of Q4FY23 stood at Rs 1,958 crore, against Rs 1,239 crore in Q4FY22, with an increase of 58% Standalone: The total Income increased to Rs 14,196 crore in FY23 from Rs 10,662 crore in FY22, registering a growth of 33% EBITDA of Q4FY23 stood at Rs 1,700 crore, against Rs 1,185 crore in Q4FY22, with an increase of 43% PAT has jumped 76% to Rs 774 crore in Q4FY23 from Rs 440 crore in Q4FY22 NLCIL Board has recommended a final dividend for FY23 at 20% (Rs 2 per share) of the paid-up equity share capital. Thus, the total dividend for FY23 amounts to 35% of the paid-up equity share capital (considering interim dividend of 15% of the paid-up equity capital). Result PDF22-05-2023