NHPC Ltd. Reports Un-Audited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2011
January 27, 2012 at 06:26 am
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NHPC Ltd. reported un-audited earnings results for the third quarter and nine months ended December 31, 2011. The company's total income has increased from INR 9,172.00 million for the quarter ended December 31, 2010 to INR 10,851.30 million for the quarter ended December 31, 2011. The company has posted a net profit of INR 2,121.80 million for the quarter ended December 31, 2011 compared to INR 3,006.70 million for the quarter ended December 31, 2010. Net sales stood at INR 8.62 billion against INR 7.09 billion in the year-ago quarter. Basic and diluted earnings per share for the quarter was stood at INR 0.17 compared to INR 0.24 in the third quarter of last fiscal year. Profit from operations before other income, finance cost and exceptional items was INR 1,551.8 million compared to INR 4,037.4 million and profit from ordinary activities before tax of INR 2,707.3 million compared to INR 4,755.0 million for the last year.
For the nine months, the company reported net sales of INR 41,240.8 million compared to INR 29,690.9 million, profit from operations before other income, finance cost and exceptional items of INR 19,553.3 million compared to INR 17,686.2 million, profit from ordinary activities before tax of INR 25,281.7 million compared to INR 19,985.8 million and net profit of INR 19,697.0 or INR 1.60 per basic and diluted share compared to INR 15,282.7 million or INR 1.24 per basic and diluted share for the last year.
NHPC Limited is an India-based company, which is primarily engaged in the generation and sale of bulk power to various power utilities. The Companyâs other business activities include project management / construction contracts/ consultancy assignment services and trading of power. It has installed capacity of 7144.20 megawatts (MW) including 1593 MW in joint venture, comprising 6971.20 MW from 22 hydro power stations, 123 MW from three solar power project and 50 MW from a wind power project. The Companyâs power stations include Salal, Dulhasti, Kishanganga HEP, Chutak, Baira Siul, Tanakpur, Dhauliganga, Rangit, Loktak, Indira Saga, Chamera-I, Uri-I, Omkareshwa, and others. Its consultancy services offer survey and investigation, planning, design and engineering, construction, operation and maintenance, renovation, modernization and updating of hydropower projects. Its subsidiaries include NHDC Limited, Bundelkhand Saur Urja Limited, Lanco Teesta Hydro Power Limited, and others.
NHPC LIMITED 
