NHPC Ltd's Q3FY25 Quarterly Results

Result Summary

• NHPC Ltd reported a 23.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 2.6%.
• Its expenses for the quarter were up by 21.1% QoQ and 28.3% YoY.
• The net profit decreased 69.1% QoQ and decreased 47.5% YoY.
• The earnings per share (EPS) of NHPC Ltd stood at 0.2 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

NHPC Ltd, formerly known as National Hydroelectric Power Corporation, is a state-owned enterprise in India primarily engaged in the planning, promotion, and development of hydroelectric power in India. It is one of the largest organizations in the renewable energy sector in India, focusing on hydropower. NHPC has been instrumental in harnessing India's water resources for power generation, contributing significantly to the country's energy mix. As a public sector undertaking, NHPC is involved in the construction and operation of hydropower projects and has diversified into other renewable energy sources as well. Recent developments in the company are not available in the provided data, but NHPC continues to play a crucial role in India's renewable energy landscape.

Revenue

For the third quarter of the fiscal year 2025, NHPC Ltd reported a total income of ₹2616.89 crores. This figure represents a decrease of 23.1% compared to the previous quarter (Q2FY25), where the total income was ₹3402.09 crores. When compared to the same quarter of the previous year (Q3FY24), the total income shows a slight increase of 2.6%, from ₹2549.69 crores. This year-over-year growth indicates stability in revenue generation over the past year, despite a notable quarter-over-quarter decline in revenues.

Profitability

The profitability metrics for NHPC Ltd in Q3FY25 reflect significant changes compared to both the previous quarter and the same quarter last year. The profit before tax stood at ₹433.17 crores, which is a stark decline of 74.1% compared to Q2FY25 where it was ₹1674.15 crores. Year-over-year, the profit before tax decreased by 52.6% from ₹913.60 crores in Q3FY24. The company reported a profit after tax of ₹330.13 crores in Q3FY25, which is 69.1% lower than the previous quarter's profit after tax of ₹1069.28 crores, and 47.5% lower than the profit after tax of ₹628.44 crores in the same quarter last year. Tax expenses also saw a significant reduction, with an 82.8% decrease quarter-over-quarter and a 63.5% decrease year-over-year.

Operating Metrics

Several operating metrics of NHPC Ltd have experienced notable changes. The earnings per share (EPS) for Q3FY25 was ₹0.20, reflecting a decrease of 77.8% from the previous quarter’s EPS of ₹0.90, and a 60.0% decrease compared to the EPS of ₹0.50 in Q3FY24. Total expenses for the quarter were reported at ₹2217.51 crores, marking a rise of 21.1% from ₹1831.08 crores in Q2FY25, and a 28.3% increase from ₹1727.85 crores in Q3FY24. These metrics highlight a significant rise in expenses over both the quarter and the year, which has impacted the overall profitability and earnings per share for NHPC Ltd during this period.