Sales during FY16 also rose 9% to Rs 7347 crore compared with Rs 6737 crore in the corresponding period of the last fiscal year
Total income for the entire fiscal stood at Rs 8,353.82 crore as against Rs 7663.58 crore for FY2015
The Centre sold around 11.3% stake in the power generator to raise around Rs 2,700 cr
Most of the bids were made at the base price of Rs 21.75
The stock dipped nearly 7% to Rs 21.50 on the BSE in early morning trade.
Likely to fetch exchequer Rs 2,700 cr
Sale of 125.76 crore shares will happen over 2 days, April 27 for non-retail investors, April 28 for retail investors
Parbati Stage-III power station is located in Kullu district of Himachal Pradesh