NHPC reports higher September-quarter revenue
NHPC, India's largest hydroelectric power company, reported September-quarter results on 4 November. Reported revenue was about ₹4,483 crore, up about 33% from a year earlier, with an operating margin of about 64%. A profit figure quoted in one report could not be confirmed against other data, so this edition does not show it. The shares fell 1.15% to ₹78.49.
The chain of consequences
- 1Higher hydro generation and new capacity
- 2Revenue reported up about 33%
- 3Shares slip 1.15% on results day
Tends to gain
NHPC's earnings base as new projects begin generating.
Tends to lose
None directly.
If it reverses
Weak water flows or project delays would reduce generation.
Companies in this story
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- Foreign investors buy about ₹7,284 crore of Indian shares
- Defence shares extend their rally after GRSE's ₹32,000 crore Navy order
- IT is the only sector to fall as TCS, HCLTech and Infosys slip
- Apollo Hospitals' September-quarter profit rises 32%
- Coal India shares adjust for its ₹10.25 dividend
- US data stay steady ahead of Friday's jobs report
- Diwali week: Muhurat session on Sunday, markets shut on Tuesday
