NHPC Q2 Results Live: Profit Falls by 45.1% YOY
NHPC Q2 Results Live: Revenue increased by 4.12% YoY & profit decreased by 45.1% YoY
NHPC Q2 Results Live : NHPC declared their Q2 results on 07 Nov, 2024, reporting a topline increase of 4.12% year-over-year, though profits saw a significant decrease of 45.1% compared to the same quarter last year. In comparison to the previous quarter, revenue grew by 13.28%, but profit declined by 14.37%.
The company's Selling, General & Administrative expenses rose by 8.99% quarter-over-quarter and increased by 5.47% year-over-year, indicating higher operational costs that may have impacted profitability.
NHPC's operating income, however, showed a positive trend, up by 29.78% from the previous quarter and 3.49% year-over-year, reflecting a stronger operational performance despite the decline in profits.
Earnings per share (EPS) for Q2 stood at ₹0.9, which represents a decrease of 41.56% year-over-year, further highlighting the challenges faced by the company in maintaining profitability.
In terms of stock performance, NHPC has delivered a 2.32% return over the last week, but shows a decline of 9.75% over the past six months, although it has achieved a notable 30.84% return year-to-date.
As of now, NHPC holds a market capitalization of ₹84,900.63 crore, with a 52-week high of ₹118.4 and a low of ₹50.8, reflecting significant volatility in its stock price.
Among analysts covering NHPC, as of 08 Nov, 2024, opinions are mixed: 2 analysts have given a Strong Sell rating, 1 has rated it as Sell, 1 has a Hold rating, while 2 analysts have recommended Buy and another 2 have given a Strong Buy rating. The consensus recommendation stands at Hold.
NHPC Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 3051.93 | 2694.2 | +13.28% | 2931.26 | +4.12% |
| Selling/ General/ Admin Expenses Total | 373.27 | 342.48 | +8.99% | 353.9 | +5.47% |
| Depreciation/ Amortization | 285.26 | 296.33 | -3.74% | 294.86 | -3.26% |
| Total Operating Expense | 1538.39 | 1527.97 | +0.68% | 1468.72 | +4.74% |
| Operating Income | 1513.54 | 1166.23 | +29.78% | 1462.54 | +3.49% |
| Net Income Before Taxes | 1571.36 | 1419.79 | +10.68% | 1540.28 | +2.02% |
| Net Income | 805.83 | 941.07 | -14.37% | 1467.82 | -45.1% |
| Diluted Normalized EPS | 0.9 | 1.02 | -11.76% | 1.54 | -41.56% |
Stay updated on quarterly results with our results calendar
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
MoreLess
FAQs
₹805.83Cr
₹3051.93Cr
First Published:8 Nov 2024, 12:14 PM IST
- Top Gainers
- Top Losers
- 52 Week High