New Delhi, Mar 2 (PTI) State-owned hydro power giant NHPC has paid an interim dividend of Rs 997.75 crore to the government for 2022-23.

"NHPC has paid an interim dividend of Rs 997.75 crore to government of India for the financial year 2022-23 on 2nd March 2023," a company statement said.

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The NHPC had already paid Rs 356.34 crore to the government during the current fiscal 2022-23 on account of final dividend for the financial year 2021-22.

Thus, the NHPC has paid total dividend of Rs 1,354.09 crore to the government during the financial year 2022-23.

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NHPC today has more than eight lakh shareholders and total interim dividend pay-out for the financial year 2022-23 worked out to Rs 1,406.30 crore.

NHPC had earned a net profit of Rs 3,264.32 crore for the nine months ended FY23 as against the previous period corresponding figure of Rs 2,977.62 crore. The company had earned a net profit of Rs 3,537.71 crore for the financial year 2021-22.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)