NHPC Q3 Results: Net profit dips 52.5% to ₹231 crore, revenue up 11.3% YoY; dividend declared
- NHPC Q3 Results: The state-owned hydropower giant's revenue from operations in the third quarter of the current fiscal rose 11.3 per cent to ₹2,286.8 crore.
NHPC Q3 Results: NHPC announced its October-December quarter results for fiscal 2024-25 (Q3FY25) on Friday, February 7, 2025, reporting a steep decline of 52.5 per cent in net profit to ₹231 crore primarily due to higher expenses, compared to ₹486.7 crore in the corresponding period last year.
The state-owned hydropower giant's revenue from operations in the third quarter of the current fiscal rose 11.3 per cent to ₹2,286.8 crore, compared to ₹2,055.5 crore in the year-ago period. The PSU's total expenses rose to ₹2,217.51 crore during the quarter from ₹1,733.01 crore a year ago.
NHPC Q3 Results: Key Metrics
The power major's total income increased marginally to ₹2,616.89 crore in the quarter from ₹2,549.69 crore in the same period a year ago. The board also approved payment of interim dividend at the rate of 14 per cent -- ₹1.40 per equity share -- on the face value of paid-up equity shares of ₹10 each for 2024-25.
NHPC's board has fixed Thursday, February 13, 2025, as the record date for ascertaining shareholders' eligibility for payment of the said interim dividend. Ahead of the announcement of Q3FY25 results, shares of NHPC settled 0.28 per cent lower at ₹7.43 apiece on the BSE.
“….Payment of interim dividend at the rate of 14 per cent ( ₹1.40 per equity share) on the face value of paid-up equity shares of ₹10 each for the financial year 2024-25. Pursuant to Regulation 42 of SEBI LODR, the Board has fixed Thursday, February 13, 2025, as the record date to ascertain the eligibility of shareholders for payment of interim dividends. The dividend shall be paid/ dispatched within the period as stipulated in the Companies Act, 2013,” said NHPC in a regulatory filing to the stock exchanges today.
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