NHPC Q3 Results Soon — Check Date, Dividend Announcement Details And More

NHPC Q3 Results: State-owned NHPC Ltd. is set to declare its December 2024 quarter financial results this week. The government-run power company generates and sells bulk power, and is a leading hydropower developer in the country.

NHPC plans, promotes and organises the development of hydropower plants. Its key offerings include hydroelectric power, solar power, and wind power. NHPC has a total market capitalisation valued at around Rs 80,000 crore.

Here is everything you need to know about NHPC Q3 results.

NHPC in a stock exchange filing on Jan. 31 said it will declare its Q3 results on Friday, Feb. 7.

"It is to inform that a meeting of Board of Directors of the Company is scheduled to be held on Friday, 07th February, 2025 to inter-alia consider and approve un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended on 31st December, 2024 after these results are reviewed by the Audit Committee of the Board," it said.

NHPC stated that its senior management will also consider paying the interim dividend to eligible investors.

"The Board of Directors in the aforesaid meeting may also consider the proposal for declaration of interim dividend, if any, on equity share capital of the Company for the FY 2024-25," it said.

In the past five trading sessions on the NSE, shares of NHPC have gone up by over 4%. The stock has remained flat in the past month. The share price of the company has fallen by over 18% in the past six months and 21.5% in a year.

NHPC's revenue in Q2 rose 4.1% year-on-year to Rs 3,051.9 crore against Rs 2,931.3 crore in the same period last year. Despite the revenue growth, the company's net profit dropped 37% YoY to Rs 1,069.3 crore from Rs 1,693.3 crore. Ebitda increased by 2% to Rs 1,798.8 crore, while the margin shrunk by 140 basis points to 58.9% from 60.3% in the previous year.