NHPC Q3 net profit falls by 19pc to Rs 628 crore

State-owned NHPC on Monday posted a 19 per cent fall in its consolidated net profit to Rs 628.44 crore for the October-December quarter of 2023-24 due to higher expenses. The hydro-power producer had reported a net profit of Rs 775.99 crore in the October-December period of 2022-23, the company said in an exchange filing.

The company’s total income also fell to Rs 2,549.69 crore in the quarter from Rs 2,691.34 crore a year ago.

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