HPL Electric Q4 net profit spikes 22%

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HPL Electric Q4 net profit spikes 22%

(20 second reading) HPL Electric & Power’s net profit increased 22.3% YoY to Rs.13.72 crore.
The company’s consolidated revenue from operations climbed 17% to Rs.424.09 crore in the quarter ended March 2024 compared to the corresponding period of the previous year.
The board of directors of the company announced a final dividend of Rs.1 per equity share
HPL Electric & Power Ltd. had received an order worth Rs.181 crore to supply smart meters on February 13. It received an order from a leading Advanced Metering Infrastructure Service Provider (AMISP) client.

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