NHPC Q3 profit slips 47% amid rising expenses; declares Rs 1.40 interim dividend

Total income increased marginally to Rs 2,616.89 crore in the quarter from Rs 2,549.69 crore in the same period a year ago.

State-owned hydro power giant NHPC on Friday reported a 47 percent decline in consolidated net profit to Rs 330.13 crore in the December quarter, primarily due to higher expenses.

The company had posted a profit of Rs 623.28 crore in the year-ago period, a BSE filing showed. Total expenses rose to Rs 2,217.51 crore during the quarter from Rs 1,733.01 crore a year earlier.

Total income increased marginally to Rs 2,616.89 crore in the quarter from Rs 2,549.69 crore in the same period a year ago.

The board also approved payment of an interim dividend at the rate of 14 percent—Rs 1.40 per equity share—on the face value of paid-up equity shares of Rs 10 each for 2024-25.

The board has fixed Thursday, February 13, 2025, as the record date for determining the eligibility of shareholders for the interim dividend payment.