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Home STOCKS NHPC Ltd.: NHPC Q4 results: Net profit dives 60% to Rs 238.68...

NHPC Ltd.: NHPC Q4 results: Net profit dives 60% to Rs 238.68 crore

NEW DELHI: State-owned hydro power big NHPC documented around 60 for every cent decline in consolidated net profit to Rs 238.64 crore in March quarter, generally thanks to decrease revenues.
Its consolidated net profit was Rs 602.91 crore in the fourth quarter previous fiscal, the corporation reported in a regulatory filing.
Whole cash flow was Rs 2,382.36 crore in the period of time less than critique, in contrast to Rs 2,450.08 crore in the yr-ago period of time.
Consolidated net profit for 2019-20 stood at Rs 3,324.72 crore, in contrast to Rs 2,835.79 crore in 2018-19.
The full profits of the organization in 2019-20 was Rs 10,776.64 crore as from Rs 9,846.81 crore in 2018-19.
The Board of Administrators in its meeting held on Saturday has also encouraged final dividend at the rate of 3.2 per cent of face value of Rs 10 for each share (Re .32 for each equity share) for 2019-20, topic to acceptance of shareholders in the ensuing once-a-year common assembly.
This is in addition to the interim dividend of Rs 1.18 for each equity share for 2019-20 compensated in March, 2020.

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