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NHPC reports 70% rise in Q3 consolidated net profit

12 Feb 2021 Evaluate

NHPC has reported results for third quarter ended December 31, 2020.

The company has reported 2 -fold jump in its net profit at Rs 808.12 crore for the quarter under review as compared to net profit at Rs 403.66 crore for the same quarter in the previous year. Total income of the company increased by 23.36% at Rs 2294.49 crore for Q3FY21 as compared Rs 1859.99 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 70.39% in its net profit attributable to owners at Rs 869.21 crore for the quarter under review as compared to net profit at Rs 510.13 crore for the same quarter in the previous year. Total income of the company increased by 14.53% at Rs 2610.69 crore for Q3FY21 as compared Rs 2279.45 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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