NHPC Reports 29% Fall In Q3 Net Profit (27-Jan-2012)
NHPC has reported results for its third quarter ended December 31, 2011.
The company has posted a fall of 29.43% in its net profit of Rs 212.18 crore for the quarter ended December 31, 2011 as compared to Rs 300.67 crore for the same quarter in the previous year. However, total income has increased by 18.31% from Rs 917.20 crore for Q3FY11 to Rs 1,085.13 crore in the quarter under review.
NHPC is engaged in the planning, development and implementation of an integrated and efficient network of hydroelectric projects in India. It executes all aspects of the development of hydroelectric projects, from concept to commissioning.
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