NHPC Q4 net profit up 5.56% at Rs 404.21 cr
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The company reported standalone net profit of Rs 404.21 crore for the quarter ended March 31, 2021 as compared to Rs 382.91 crore in the same period last year, registering a year-on-year growth of 5.56 per cent. Net revenue of the company declined substantially by 29.90 per cent at Rs 1,341.48 crore in January-March quarter of this fiscal as against Rs 1,913.62 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 32.93 per cent to Rs 908.21 crore from Rs 1,354.21 crore in year ago period. Other Income grew by 13.38 per cent at Rs 436.45 crore versus (Mar'20 Rs 384.95 crore). Operating Profit slipped by 22.55 per cent to Rs 433.27 crore as against Rs 559.41 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 10.50 per cent in March quarter. Interest grew by 42.20 per cent y-o-y to Rs 214.98 crore, while Taxation increased by 97.22 per cent at Rs 128.53 crore (Mar'20 Rs 65.17 crore).
