NHPC Ltd shares rose nearly 2% in early trade on Wednesday, August 13, after the state-owned hydropower major reported a modest rise in its June quarter earnings, backed by higher income and fresh capacity additions.
The stock opened firm at ₹83.91 and climbed to ₹85.86 during the session, trading at ₹85.56, up 1.97%, with a market cap of ₹858.35 crore.
Q1 FY26 Earnings Snapshot
For the quarter ended June 30, 2025, NHPC posted a net profit of ₹1,131.16 crore, up 3% from ₹1,101.63 crore in the same quarter last year. The increase was driven by a 13% jump in total income to ₹3,442.76 crore, compared with ₹3,037.92 crore a year earlier.
The state-run utility also commissioned the 800 MW Parbati-II Project during the quarter, further expanding its operational capacity. Additionally, it brought online 214.28 MW out of the 300 MW Kamisar Solar Power Project in Bikaner, reflecting its growing footprint in renewable energy beyond hydro.
Operational Highlights
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Hydropower Focus: NHPC continues to be India’s largest hydropower development organisation under the Ministry of Power, with capabilities spanning conception to commissioning of hydro projects.
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Renewables Expansion: The company is steadily diversifying into solar and wind energy, complementing its hydro portfolio.
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Strategic Additions: Capacity expansions this quarter align with the government’s renewable push and NHPC’s long-term growth strategy.
Market Reaction
Investor sentiment was buoyed by the revenue growth and commissioning of new projects, although the profit growth remained modest. Analysts see NHPC’s expansion into solar as a positive long-term catalyst, but the near-term earnings trajectory will depend on seasonal power demand and execution timelines for under-construction projects.
