NHPC`s Q2 net marginally down to 616.6 cr

Last Updated: Saturday, October 31, 2009 - 19:29

Mumbai: Hydro-power company NHPC announced
on Saturday a net profit of Rs 616.64 crore in the second quarter
ended September 30, 2009, down 2.63 per cent over the same
period a year ago.

The company had a net profit of Rs 633.31 crore in the
September quarter last fiscal, NHPC said in a filing with the
Bombay Stock Exchange.

Total income of the company increased to Rs 1247.44 crore
in the quarter under review from Rs 1038.67 crore during the
same period previous year, it said.

For the six-month period ended September 30, 2009, net
profit rose to Rs 1118.74 crore from Rs 1101.80 crore in the
previous year.

Total income jumped up to Rs 2361.93 crore in the
six-month period under review from Rs 1895.76 crore during the
same period last fiscal.

The public sector enterprise, formerly known as National
Hydroelectric Power Corporation, is engaged in planning,
development and implementation of an integrated network of
hydroelectric projects.

Shares of the company closed at Rs 30.50, down 1.29 per
cent from the previous close on the BSE.

Bureau Report



First Published: Saturday, October 31, 2009 - 19:29

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