NHPC’s Net Profit Jumps 19 % in the Q1 of the current fiscal

Sarkaritel
By Sarkaritel August 9, 2019 20:50

NHPC’s Net Profit Jumps 19 % in the Q1 of the current fiscal


NHPC Limited has reported a robust 19% quarter on quarter growth in the standalone net profit at Rs. 881 Crore during first quarter of current fiscal (unaudited) against Rs.738 Crore of the corresponding period.

The NHPC Board approved the Q-1 FY19-20 result in their meeting held on 9th August 2019.

Gross generation of the company was up by 22% to 8485 MUs for April-June 2019 quarter in comparison to the same period of the previous fiscal.09

Sales for the first quarter of the current fiscal FY19-20 rose 13% quarter on quarter basis to Rs. 2421 Crore, as compared to Rs. 2138 Crore reported in the year-ago period.

Sarkaritel
By Sarkaritel August 9, 2019 20:50