NHPC Q4 net up over two-fold at ₹492 crore

NEW DELHI: State-owned hydro power giant NHPC Monday posted more than two-fold jump in standalone profit to ₹492.29 crore for March quarter mainly due to higher revenues.

The company’s profit in January-March, 2017-18 stood at ₹199.80 crore, a BSE filing said.

Total revenues rose to ₹2,186.25 crore in March quarter compared to ₹1.406.07 crore in the year-ago period.

The standalone net profit in 2018-19 slipped to ₹2,630.55 crore from ₹2,769.03 crore a year ago. Total revenue increased to ₹9,085.96 crore from ₹8,358.77 crore in 2017-18.

The consolidated net profit for 2018-19 is ₹2,595.61 crore as compared to ₹2,513.90 crore in the previous fiscal. Total income rose to ₹9,846.81 crore in the fiscal from ₹8,785.66 crore in 2017-18.

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