State-owned hydro power giant NHPC Ltd saw its shares decline by 2% after reporting a 52.5% YoY drop in net profit for Q3 FY25. The company’s net profit stood at ₹231 crore, down from ₹486.7 crore in the same quarter last year.
Despite the profit decline, NHPC’s revenue from operations grew 11.3% YoY to ₹2,286.8 crore, compared to ₹2,055.5 crore in Q3 FY24. The company also posted a strong EBITDA growth of 35.8%, reaching ₹1,021.5 crore from ₹752.1 crore last year. The EBITDA margin improved to 44.7%, up from 36.6% in the previous year.
NHPC has also declared an interim dividend of ₹1.40 per share (14%) on a face value of ₹10. The record date for eligibility is February 13, 2025, with payments to be processed as per the Companies Act, 2013.
NHPC shares opened at ₹76.00, hitting a high of ₹78.86 and a low of ₹75.35 during the trading session. The stock remains volatile, with a 52-week high of ₹118.40 and a low of ₹72.15. As of 12:39 PM, the shares were trading 2.39% lower at Rs 75.58.
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