NHPC standalone quarterly net falls 30.66%
Source: IRIS | 03 Feb, 2015, 01.31PM
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Rating: NAN / 5 stars. |
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NHPC announced a steep drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 30.66% to Rs 1,798.30 million from Rs 2,593.50 million in the same quarter previous year. Net sales for the quarter rose marginally 2.83% to Rs 11,770.40 million, compared with Rs 11,446 million for the prior year period. Earnings per share for the quarter stood at Rs 0.16, registering 23.81% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 11,770.40 | 11,446.30 | 2.83 | Net Profit | 1,798.30 | 2,593.50 | (30.66) | Basic EPS | 0.16 | 0.21 | (23.81) |
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