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NHPC net jumps over 3-fold at Rs 687 cr in Dec qtr

Press Trust of India  |  New Delhi 

NHPC today posted 220 per cent jump in its net profit at 687.93 crore in the quarter ended December 2017, mainly on account of higher revenue. The company's standalone net profit was 214.69 crore in the quarter ended December 31, 2016, the said in a BSE filing today. The company has received a total revenue of 2,066.76 crore in the quarter as compared to 1,483.57 crore a year ago. Besides, approving the financial results, the board of the company at its meeting held today also declared interim dividend at the rate of 11.20 per cent (1.12 per share) on the face value of paid-up equity shares of 10 each for 2017-18. The interim dividend shall be paid/dispatched within the period as stipulated in Companies Act, 2013, it added. During April-December, the company's standalone net profit was 2,569.23 crore as compared to 2,627.17 crore.

Its total income in the nine-month period was 6,990.60 crore as compared to 7,124.85 crore. The company had reported a net profit of 2,795.59 crore in the fiscal ended March 31, 2017.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 12 2018. 20:05 IST
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