NHPC Limited reported its financial results for the third quarter ending December 31, 2024, showcasing growth in revenue but a decline in profitability due to increased expenses and higher tax liabilities.
Key Financial Highlights (Q3 FY25):
- Revenue from operations: ₹2,286.76 crore, up 11.2% YoY compared to ₹2,055.50 crore in Q3 FY24.
- Total income: ₹2,616.89 crore, reflecting a 2.6% increase from ₹2,549.69 crore in the same period last year.
- Net profit: ₹330.13 crore, down 47% YoY from ₹623.28 crore in Q3 FY24, impacted by higher operational and tax expenses.
- Profit before tax: ₹400.57 crore compared to ₹817.36 crore in the previous year.
Cost Overview:
The company reported total expenses of ₹2,217.51 crore in Q3 FY25, significantly higher due to increased employee benefits and operational expenses.
Nine-Month Performance:
For the nine months ending December 31, 2024, NHPC recorded revenue from operations at ₹8,032.89 crore, up from ₹7,744.02 crore in the previous year. Net profit during the period stood at ₹1,024.01 crore.
Outlook:
NHPC’s management remains confident in its future growth trajectory, focusing on expanding power generation capabilities and ongoing project developments.
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