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NHPC net jumps over 3-fold at Rs 687 cr in dec qtr

The company''s standalone net profit was Rs 214.69 crore in the quarter ended December 31, 2016, the NHPC Ltd said in a BSE filing today.

PTI
New Delhi, Publish Date: Feb 13 2018 1:50AM
NHPC net jumps over 3-fold at Rs 687 cr in dec qtrRepresentational Pic

State-run hydro power giant NHPC today posted 220 per cent jump in its net profit at Rs 687.93 crore in the quarter ended December 2017, mainly on account of higher revenue.

The company's standalone net profit was Rs 214.69 crore in the quarter ended December 31, 2016, the NHPC Ltd said in a BSE filing today.

The company has received a total revenue of Rs 2,066.76 crore in the quarter as compared to Rs 1,483.57 crore a year ago.

During April-December, the company's standalone net profit was Rs 2,569.23 crore as compared to Rs 2,627.17 crore. Its total income in the nine-month period was Rs 6,990.60 crore as compared to Rs 7,124.85 crore.

The company had reported a net profit of Rs 2,795.59 crore in the fiscal ended March 31, 2017.