{"id":420179,"date":"2021-06-14T10:25:21","date_gmt":"2021-06-14T04:55:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=420179"},"modified":"2021-06-14T12:10:26","modified_gmt":"2021-06-14T06:40:26","slug":"nhpc-sails-through-q4-but-concerns-over-costs-remain","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhpc-sails-through-q4-but-concerns-over-costs-remain\/","title":{"rendered":"NHPC sails through Q4 but concerns over costs remain"},"content":{"rendered":"<p>The March-quarter earnings of state-run hydropower producer NHPC Ltd would have been disappointing had it not been for higher other income.<\/p>\n<p>On a standalone basis, NHPC\u2019s hydropower generation declined 25% on a year-on-year (y-o-y) basis to 2,946 mega units (MUs) for Q4FY21. <\/p>\n<p>Power generation was hit by low water flow at most of the company\u2019s plants. But thanks to a late payment surcharge of \u20b9330 crore, other income rose 13% y-o-y.<\/p>\n<p>Consequently, net profit rose about 6% y-o-y to \u20b9404 crore in Q4FY21. <\/p>\n<p>While NHPC has managed to sail through the March quarter, elevated receivables remained a pain point. At the end of FY21, the company\u2019s receivables narrowed to \u20b93,206 crore from \u20b93,585 crore in the previous fiscal, but trade receivable days remained high at around 140 days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The March-quarter earnings of state-run hydropower producer NHPC Ltd would have been disappointing had it not been for higher other income. On a standalone basis, NHPC\u2019s hydropower generation declined 25% on a year-on-year (y-o-y) basis to 2,946 mega units (MUs) for Q4FY21. Power generation was hit by low water flow at most of the company\u2019s plants. But thanks to a late payment surcharge of \u20b9330 crore, other income rose 13% y-o-y. Consequently, net profit rose about 6% y-o-y to \u20b9404 crore in Q4FY21. While NHPC has managed to sail through the March quarter, elevated receivables remained a pain point. At [&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":[139,130,237],"tags":[],"class_list":["post-420179","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420179","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=420179"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420179\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=420179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=420179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=420179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}