NHPC reports 15% fall in Q1 net profit

NHPC has reported results for first quarter ended June 30, 2012.

On standalone basis, the company has reported a fall of 15.33% in its net profit at Rs 669.81 crore for the quarter, as compared to Rs 791.05 crore for the same quarter in the previous year. Total income of the company has decreased by 3.62% to Rs 1666.89 crore for the quarter under review as compared to Rs 1729.53 crore for the quarter ended June 30, 2011.

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.