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NHPC Q4 net jump over two fold

Power News - Published on Thu, 30 May 2019

Image Source: ET EnergyWorld
State-owned hydropower giant NHPC posted more than two-fold jump in standalone profit to INR 492.29 crore for March quarter mainly due to higher revenues. The company's profit in January to March, 2017-18 stood at INR 199.80 crore. Its total revenues rose to INR 2,186.25 crore in March quarter compared to INR 1.406.07 crore in the year ago period.

The standalone net profit in 2018-19 slipped to INR 2,630.55 crore from INR 2,769.03 crore a year ago. Total revenue increased to INR 9,085.96 crore from INR 8,358.77 crore in 2017-18.

The consolidated net profit for 2018-19 is INR 2,595.61 crore as compared to INR 2,513.90 crore in the previous fiscal. Total income rose to INR 9,846.81 crore in the fiscal from INR 8,785.66 crore in 2017-18.

The company's board recommended final dividend of INR 0.75 per equity share of face value of INR 10 per share for 2018-19 .

Source :

Posted By : Rabi Wangkhem on Thu, 30 May 2019
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