NHPC Ltd Share Price – NSE /  BSE

Power Generation & Distribution, Mid Cap

NHPC will hold a meeting of the Board of Directors of the Company on 12 December 2024.

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The firm may approve the issuance of unsecured, redeemable, taxable, non-convertible, non-cumulative bonds up to Rs 2,600 crore, as part of the borrowing plan for FY 2024-25.

Further, the board of directors will approve a revised borrowing plan for raising debt during FY 2024–25.

NHPC is the largest organization for hydropower development in India. It has also diversified in the field of solar & wind power. As of 30 September 2024, the Government of India held a 67.40% stake in the company.

The company reported a 41.19% decline in consolidated net profit to Rs 908.97 crore in Q2 FY25 from Rs 1,545.85 crore recorded in Q2 FY24. However, revenue from operations rose 4.11% year on year (YoY) to Rs 3,051.93 crore in the quarter ended 30 September 2024.

The scrip declined 1.20% to currently trade at Rs 85.72 on the BSE.

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However, revenue from operations rose 4.11% year on year (YoY) to Rs 3,051.93 crore in the quarter ended 30 September 2024.

Profit before tax and regulatory deferral account balances for the quarter was at Rs 1,571.36 crore, up 2.01% from Rs 1,540.28 crore posted in Q2 FY24.

During Q2 FY25, total expenses increased 16.36% YoY to Rs 1,831.08 crore. Employee benefits expense was at Rs 373.27 crore (up 5.47% YoY) and finance costs stood at 292.69 crore (up 153.19% YoY) during the period under review.

On the margins front, the PSU company's operating margin shed to 1.36% in Q2 FY25 from 51.95% posted in Q2 FY24. Net profit margin was at 35.04% in Q2 FY25 as compared to 57.77% recorded in the corresponding quarter previous year.

On half year basis, the net profit declined 24.97% to Rs 1,937.57 crore on 4.11% rise in revenue from operations to Rs 3,051.93 crore in H1 FY25 over H1 FY24.

NHPC is the largest organization for hydropower development in India. It has also diversified in the field of solar & wind power. As of 30 September 2024, the Government of India held 67.40% stake in the company.

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Net profit of NHPC declined 41.20% to Rs 908.97 crore in the quarter ended September 2024 as against Rs 1545.85 crore during the previous quarter ended September 2023. Sales rose 4.12% to Rs 3051.93 crore in the quarter ended September 2024 as against Rs 2931.26 crore during the previous quarter ended September 2023.

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