NHPC net doubles in Q3

Public sector hydro power generator NHPC Ltd’s net profit for the third quarter ended December has more than doubled against the same quarter last year. The company’s net profit stood at ₹388.02 crore against ₹ 179.83 crore in the same quarter last year. During the quarter, the company’s net revenue increased 24 per cent to ₹1,464.29 crore (₹1,177.04 crore). NHPC’s board of directors also approved an interim dividend of 9.2 per cent or ₹0.92 per share. Our Bureau