State-owned hydropower company, NHPC Limited has reported a net profit of Rs. 492.29 crore for the fourth quarter ended March 31, 2019.
This represents a 146 per cent increase over the net profit of Rs. 199.8 crore recorded in the same quarter of the previous financial year.
Total revenue during the quarter rose by 55.49 per cent to Rs. 2,186.25 crore.
The board has recommended a final dividend of 7.5 per cent ( Rs. 0.75 on equity share of Rs. 10 each) for the fiscal 2018-19. “This is in addition to the interim dividend of Rs. 0.71 per equity share for the financial year 2018-19 paid in March 2019,” a company statement said.
