NHPC Ltd reported 9.28% growth in total revenues for the Dec-20 quarter on consolidated basis at Rs2,359.68cr. The principal area of business for NHPC is hydro power generation, which is a seasonal business and hence quarterly results may not exactly be comparable. The revenues of the company are subject to regulation like most utilities since the power prices are fixed and approved by the governments.
The consolidated Profit after tax (PAT) for the Dec-20 quarter was up 70.39% at Rs869.21cr. The negative move in the regulatory deferral account in the Dec-20 quarter nearly halved to Rs317cr compared to Rs611cr in the Dec-19 quarter. That gave a big boost to the net profit of the company for the current quarter. As a result, the PAT margins improved from 23.62% in Dec-19 to 36.84% in Dec-20.
Financial highlights for Dec-20 compared yoy and sequentially
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NHPC Ltd |
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Rs in Crore |
Dec-20 |
Dec-19 |
YOY |
Sep-20 |
QOQ |
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Total Income (Rs cr) |
₹ 2,359.68 |
₹ 2,159.33 |
9.28% |
₹ 2,899.56 |
-18.62% |
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Net Profit (Rs cr) |
₹ 869.21 |
₹ 510.13 |
70.39% |
₹ 1,188.04 |
-26.84% |
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Diluted EPS (Rs) |
₹ 0.87 |
₹ 0.51 |
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₹ 1.18 |
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Net Margins |
36.84% |
23.62% |
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40.97% |
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