Millennium Post

NHPC quarterly profit rises 0.56% to Rs. 862.66 crore

NHPC quarterly profit rises 0.56% to Rs. 862.66 crore
State-owned NHPC on Wednesday reported a marginal rise of 0.56 per cent in standalone net profit at Rs 862.66 crore for the first quarter ended June 30, 2017.

The company had posted a standalone net profit of Rs 857.82 crore for the year-ago period, NHPC said in a BSE filing.
Total income of the company also increased to Rs 2,432.77 crore, from Rs 2,360.06 crore in the year-ago period.
Its total expenses during the first quarter of the ongoing fiscal were at Rs 1,535.72 crore as against Rs 1,453.74 crore.
NHPC, a mini ratna firm, is a premier organisation in the country for development of hydropower.
According to the company's website, presently NHPC is engaged in the construction of 5 projects aggregating to a total installed capacity of 4,290 MW including 1,000 MW (Pakal Dul HE project) being executed through JV company.


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