National Hydroelectric Power Corporation ( NHPC ) has reported a net profit of Rs 966 crore in the second quarter of FY12, a growth of 40% as compared to Rs 690 crore in the corresponding quarter of last fiscal.
Net sales jumped 47.66% to Rs 1,831 crore in the July-September period of 2011 versus Rs 1,240 crore in same quarter the previous year.
The second quarter is a seasonally favorable quarter which contributes bulk of full-year earnings.
Total revenue shot up 54% to Rs 1,981.5 crore from Rs 1,282.6 crore year-on-year.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 35% to Rs 1,416 crore from Rs 1,049 crore during the same period.
But, EBITDA margins grew at 71% in Q2FY12 - less as compared to 82% Q2FY11.
Employees cost during the July-September quarter of FY12 jumped 55% to Rs 204.6 crore from Rs 132.1 crore in the same period of previous year.
Even tax rate went up to 24.8% versus 19.1% year-on-year.
The stock gained 5% to Rs 24.85 post quarterly numbers.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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