FY24 Annual Result Announced for NLC India Ltd.
Electricutilities company NLC India announced FY24 results: Consolidated Financial Highlights: Profit After Tax (PAT) of the Group for FY24 is Rs 1,868 crore as against Rs 1,426 crore in the corresponding period of the previous year, registering a growth of 31%. Profit / (Loss) before tax (PBT) of the Group for FY24 is Rs 2,882 crore as against Rs 2,056 crore in the corresponding period of the previous year, registering a growth of 40%. The EBITDA of the Group for FY24 is Rs 5,556 crore as against Rs 4,868 crore in the corresponding period of the previous year, registering a growth of 14%. Apart from the Interim Dividend of 15% (Rs 1.5 per share) on paid up equity share capital already declared and paid, Final Dividend of 15% (Rs 1.5 per share) on paid up equity share capital recommended for FY24 subject to approval of shareholders in the Annual General Meeting. Standalone Financial Highlights: Profit After Tax (PAT) for FY24 is Rs 1,847 crore as against Rs 1,248 crore in the corresponding period of the previous year, registering a growth of 48%. Profit Before Tax (PBT) for FY24 is Rs 2,788 crore as against Rs 1,724 crore in the corresponding period of the previous year, registering a growth of 62%. This is the Highest ever PBT in previous last 10 years. The EBITDA of the Company for FY24 is Rs 4,873 crore as against Rs 3,899 crore in the corresponding period of the previous year, registering a growth of 25%. Result PDF16-05-2024