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- India Power Corporation Q1 Results Reported PAT ₹309.75 lakhs, Revenue Down to ₹17,167.13 Lakhs
India Power Corporation Q1 Results Reported PAT ₹309.75 lakhs, Revenue Down to ₹17,167.13 Lakhs
India Power Corporation Q1 Results show a 2.96% YoY decrease in total income to ₹18,040.41 lakhs and an 11.77% YoY increase in profit before tax to ₹438.79 lakhs.
by P Nandhini
Updated Aug 21, 2024
Table of Content
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:
| Particulars | 30.06.2024 | 30.06.2023 |
|---|---|---|
| Revenue from Operations | ₹17,167.13 lakhs | ₹17,876.30 lakhs |
| Total Income | ₹18,040.41 lakhs | ₹18,580.72 lakhs |
| Total Expenses | ₹18,039.06 lakhs | ₹18,120.64 lakhs |
| Profit/(Loss) Before Tax | ₹438.79 lakhs | ₹392.54 lakhs |
| Profit for the Period | ₹309.75 lakhs | ₹275.07 lakhs |
| Total Comprehensive Income | ₹9,367.36 lakhs | ₹1,283.18 lakhs |
| Basic and Diluted EPS | ₹0.02 | ₹0.02 |
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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.
| Metric | Value |
|---|---|
| Current Price | ₹19.4 |
| Market Cap | ₹1,891 Cr. |
| High / Low | ₹28.0 / ₹13.7 |
| Stock P/E | 108 |
| Book Value | ₹10.4 |
| Dividend Yield | 0.26% |
| ROCE | 4.37% |
| ROE | 1.70% |
| Face Value | ₹1.00 |
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.
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales (₹ Cr.) | 143.46 | 162.26 | 171.67 |
| Expenses (₹ Cr.) | 130.92 | 153.97 | 163.80 |
| Operating Profit (₹ Cr.) | 12.54 | 8.29 | 7.87 |
| Operating Profit Margin (OPM %) | 8.74% | 5.11% | 4.58% |
| Other Income (₹ Cr.) | 9.13 | 16.07 | 13.11 |
| Interest (₹ Cr.) | 7.80 | 7.12 | 7.84 |
| Depreciation (₹ Cr.) | 8.48 | 8.51 | 8.76 |
| Profit Before Tax (₹ Cr.) | 5.39 | 8.73 | 4.38 |
| Tax Rate (%) | 26.16% | 13.40% | 29.45% |
| Net Profit (₹ Cr.) | 3.98 | 7.56 | 3.10 |
| Earnings Per Share (EPS) (₹) | 0.04 | 0.08 | 0.03 |
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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India Power Corporation Q1 Results - FAQs
1. How did India Power Corporation's total income in Q1 2024 compare to the previous year?
It decreased to ₹18,040.41 lakhs from ₹18,580.72 lakhs.
2. What was the revenue from operations for India Power Corporation in Q1 2024?
In Q1 2024, the revenue from operations was ₹17,167.13 lakhs.
3. What was India Power Corporation’s profit before tax in Q1 2024?
The profit before tax for India Power Corporation in Q1 2024 was ₹438.79 lakhs.
4. How much was the profit for the period for India Power Corporation in Q1 2024?
The profit for the period in Q1 2024 was ₹309.75 lakhs.
5. What were the total expenses for India Power Corporation in Q1 2024?
The total expenses for India Power Corporation in Q1 2024 amounted to ₹18,039.06 lakhs.
6. What was the basic and diluted EPS for India Power Corporation in Q1 2024?
The basic and diluted EPS for India Power Corporation in Q1 2024 was ₹0.02.
7. How did the profit before tax change for India Power Corporation from Q1 2023 to Q1 2024?
The profit before tax increased from ₹392.54 lakhs in Q1 2023 to ₹438.79 lakhs in Q1 2024.
8. What was the total comprehensive income for India Power Corporation in Q1 2024?
The total comprehensive income for India Power Corporation in Q1 2024 was ₹9,367.36 lakhs.
9. What were the total expenses for India Power Corporation in Q1 2023?
The total expenses in Q1 2023 were ₹18,120.64 lakhs.
10. What was the total income for India Power Corporation in Q1 2024?
The total income in Q1 2024 was ₹18,040.41 lakhs.