NHPC’s stock fell by over 3% in morning trade following its Q2 results.
The company reported a 41.2% decline in net profit, which stood at ₹908.97 crore for the quarter ended September 2024, compared to ₹1,545.85 crore in the same period last year. Despite the profit slump, NHPC’s sales rose by 4.12%, reaching ₹3,051.93 crore from ₹2,931.26 crore year-on-year.
As of 9:17 am, NHPC shares were trading 4.42% lower at Rs 81.04 on the NSE.
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