State-owned hydro power giant NHPC on Thursday reported nearly 80% jump in its consolidated net profit to ₹464.6 crore for the March 2021 quarter as compared to ₹258.83 crore in the quarter ended on March 31, 2020. The total income came at ₹2,094.3 crore against ₹2,382.36 crore in the year-ago period.
The board of directors in the meeting also recommended a final dividend at the rate of 3.50 per cent of a face value of ₹10 per share (Re 0.35 per equity share) on the company’s paid-up share capital for 2020-21.
This is in addition to the interim dividend of ₹1.25 per equity share for 2020-21 paid in March 2021. The final dividend, if declared, will be paid within the statutory period as per the Companies Act, 2013.
