NHPC Ltd on Friday reported 41% decline in its consolidated net profit at Rs 909 crore in the second quarter ended September 2024. The same stood at Rs 1546 crore in the last year quarter.
Revenue from operations in the July-September 2024 period increased 4% YoY to Rs 3052 crore, compared with Rs 2,931 crore in the corresponding period of previous year.
EBITDA during the quarter rose by a marginal 2% YoY to Rs 1799 crore, while margins improved 138 basis points to 58.9% in the same period.
Total expenses increased to Rs 1831 crore in the September quarter as against Rs 1540 crore in the same quarter of last year.
Other income during the second quarter nearly doubled to Rs 350 crore. The same stood at Rs 182 crore in the Second quarter of last financial year.
NHPC is an Indian state-owned enterprise primarily involved in hydroelectric power generation and development. It plays a key role in the country's renewable energy sector, focusing on harnessing hydropower potential across various regions.
The company operates numerous hydroelectric plants, contributing significantly to the nation’s electricity supply, especially in mountainous and remote areas. NHPC is also expanding into solar and wind energy, aligning with India’s green energy goals.
On Thursday, NHPC shares closed nearly 0.7% higher at Rs 84.5 on NSE.
Revenue from operations in the July-September 2024 period increased 4% YoY to Rs 3052 crore, compared with Rs 2,931 crore in the corresponding period of previous year.
EBITDA during the quarter rose by a marginal 2% YoY to Rs 1799 crore, while margins improved 138 basis points to 58.9% in the same period.
Total expenses increased to Rs 1831 crore in the September quarter as against Rs 1540 crore in the same quarter of last year.
Other income during the second quarter nearly doubled to Rs 350 crore. The same stood at Rs 182 crore in the Second quarter of last financial year.
NHPC is an Indian state-owned enterprise primarily involved in hydroelectric power generation and development. It plays a key role in the country's renewable energy sector, focusing on harnessing hydropower potential across various regions.
The company operates numerous hydroelectric plants, contributing significantly to the nation’s electricity supply, especially in mountainous and remote areas. NHPC is also expanding into solar and wind energy, aligning with India’s green energy goals.
On Thursday, NHPC shares closed nearly 0.7% higher at Rs 84.5 on NSE.
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