NHPC Q4 profit jumps 69% on higher revenue, board recommends final dividend

NHPC board to discuss monetisation of power station cash flows on April 14


NHPC reported a 68.5% year-on-year rise in consolidated net profit for the fourth quarter ended March 31, 2026, at ₹1,549 crore compared with ₹919.6 crore in the corresponding quarter last year.

Revenue from operations increased 20% year-on-year to ₹2,816 crore from ₹2,347 crore.

EBITDA declined marginally by 0.7% to ₹1,196 crore against ₹1,205 crore in Q4 FY25, while EBITDA margin narrowed to 42.5% from 51.3% a year earlier.

The board recommended a final dividend of ₹0.21 per equity share of face value ₹10 each for FY26, subject to shareholder approval at the upcoming Annual General Meeting.

This is in addition to the interim dividend of ₹1.40 per equity share paid in February 2026.

In a separate development, NHPC said the Ministry of Power has appointed Diwakar Nath Misra, Additional Secretary (Hydro), Ministry of Power, Government of India, as Government Nominee Director on the company’s board with effect from May 14, 2026.

Shares of NHPC ended lower ahead of the company’s March quarter earnings announcement, with the stock closing at ₹76.87 on the National Stock Exchange of India, down ₹1.58 or 2.01% from the previous close on Thursday.

Also Read: Cochin Shipyard Q4 Results: Margin improves sharply even as revenue falls



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