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NHPC reports 17% fall in Q3 net profit

01 Feb 2014 Evaluate

NHPC has reported results for third quarter ended December 31, 2013.

The company has reported 16.81% fall in its net profit at Rs 259.35 crore for the quarter as compared to Rs 311.77 crore for the same quarter in the previous year.  However, total income from operations of the company has increased by 16.04% at Rs 1397.01 crore for quarter under review, as compared to Rs 1203.92 crore for the quarter ended December 31, 2012.

NHPC is engaged in the planning, development and implementation of an integrated and efficient network of hydroelectric projects in India. It executes all aspects of the development of hydroelectric projects, from concept to commissioning.

Peers
Company Name CMP
NTPC 317.00
Tata Power 345.00
Adani Power 196.60
Power Grid Corpn. 253.40
Adani Energy Solut. 1320.00
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