NHPC Q2 net profit increases by 11.92% to Rs. 690.18 crore
merisarkar news service
New Delhi, October 30, 2010
Q2 profit soars by 11.92%
State owned hydro power generator NHPC reported an 11.92 per cent increase in its net profit at Rs. 690.18 crore for the second quarter ended September 30.
The power major had posted a net profit of Rs. 616.64 crore in the July-September quarter last fiscal, NHPC said in a filing to the Bombay Stock Exchange.
Net sales of the company also increased to Rs. 1,240.36 crore in the September quarter from Rs. 1,195.39 crore in the same period previous year.
Shares of NHPC were trading at Rs. 31.35 a piece, up 0.16 per cent from its previous close on the BSE.
