The company won the bid through an e-reverse auction conducted by NHPC under its standalone BESS tender for the Inter-State Transmission System.
The company’s revenue from operations increased 9.6% y-o-y to ₹952.7 crore in Q4 FY 25.
The business reported that the robust bottomline growth was backed by a sharp increase in topline as well as stable operating margins.
The business said that its operating EBITDA posted a decline of 23% to ₹320.80 Crore in the quarter ended March 2025.
Hindustan Copper said that its EBITDA margin expanded by 600 bps on a year-on-year basis to 39.95% in the quarter under review.
The Board recommended a final dividend of ₹5.50 per share for FY25.
Here are some of the stocks that may see significant price movement today: Tata Steel, Hindustan Copper, Grasim Industries, etc.
As per the company, with this investment, Odisha has become the largest investment destination for the company.
The contract is a milestone in the collaboration between Cochin Shipyard and the Indian Navy which is a part of the Defence Ministry's initiative of ‘Make in India.’
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