Thursday, January 27, 2011

NHPC Q3 net profit at Rs 301 cr

NHPC has declared its third quarter results. The company’s Q3 net profit was down at Rs 301 crore versus Rs 581 crore, YoY.

Its net sales were down at Rs 709 crore versus Rs 1,213 crore, YoY.

Results were impacted due to CERC tariff regulation.

The net profit was down by Rs 40 crore due to change in accounting policy.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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