{"id":370921,"date":"2020-09-01T08:46:23","date_gmt":"2020-09-01T03:16:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=370921"},"modified":"2020-09-01T09:19:38","modified_gmt":"2020-09-01T03:49:38","slug":"nhpc-reports-over-13-decline-in-net-profit-at-rs-855-cr-in-june-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhpc-reports-over-13-decline-in-net-profit-at-rs-855-cr-in-june-quarter\/","title":{"rendered":"NHPC reports over 13% decline in net profit at Rs 855 cr in June quarter"},"content":{"rendered":"<p>State-owned hydro power giant NHPC on Monday reported over 13 per cent dip in its consolidated net profit to Rs 855.49 crore for the quarter ending June due to a rebate of Rs 185 crore given to discoms in view of COVID-19 situation. <\/p>\n<p>Its consolidated net profit was Rs 989.27 crore in the quarter ended on June 30, 2019, a BSE filing stated. <\/p>\n<p>Total income for the quarter under review rose marginally to Rs 2,914.02 crore from Rs 2,754.48 in the same period of last year. <\/p>\n<p>About the COVID-19 situation, NHPC stated, &#8220;The company&#8217;s primary source of revenue is from (power) generation and sale of hydroelectricity. During the outbreak of COVID-19, the Government of India and State Governments have declared lockdown which have affected business in general.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned hydro power giant NHPC on Monday reported over 13 per cent dip in its consolidated net profit to Rs 855.49 crore for the quarter ending June due to a rebate of Rs 185 crore given to discoms in view of COVID-19 situation. Its consolidated net profit was Rs 989.27 crore in the quarter ended on June 30, 2019, a BSE filing stated. Total income for the quarter under review rose marginally to Rs 2,914.02 crore from Rs 2,754.48 in the same period of last year. About the COVID-19 situation, NHPC stated, &#8220;The company&#8217;s primary source of revenue is from [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-370921","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/370921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=370921"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/370921\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=370921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=370921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=370921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}