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NHPC reports 27% fall in Q4 net profit

29 May 2013 Evaluate

NHPC reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a fall of 27.28% in its net profit at Rs 583.26 crore in Q4FY13 as compared to net profit of Rs 802.07 crore in the same quarter previous year. Total income from operation of the company has decreased by 24.96% to Rs 1099.38 crore as compared to Rs 1465.00 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 15.28% fall in its net profit at Rs 2348.22 crore in FY13 as against Rs 2771.77 crore in previous years. Total income from operation of the company has decreased to Rs 5306.64 crore as compared to Rs 5919.48 crore in FY12, down by 10.35%.

On consolidated basis, for the full year ended March 31, 2013, the company has posted a 15.17% fall in its net profit after taxes, Minority Interest and share of Profit / (Loss) of Associates at Rs 2617.41 crore under year under review as compared to Rs 3085.58 crore in FY12. Total income has decreased by 11.30% at Rs 6402.08 crore for year under review as compared to Rs 7218.09 crore for the period ended March 31, 2012.

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