Latest news with #KamisarSolarPowerProject
Business Upturn
2 days ago
- Business
- Business Upturn
NHPC shares edge up 2% after Q1 profit rises 3% on higher income
By Aditya Bhagchandani Published on August 13, 2025, 09:55 IST NHPC Ltd shares rose nearly 2% in early trade on Wednesday, August 13, after the state-owned hydropower major reported a modest rise in its June quarter earnings, backed by higher income and fresh capacity additions. The stock opened firm at ₹83.91 and climbed to ₹85.86 during the session, trading at ₹85.56, up 1.97%, with a market cap of ₹858.35 crore. Q1 FY26 Earnings Snapshot For the quarter ended June 30, 2025, NHPC posted a net profit of ₹1,131.16 crore, up 3% from ₹1,101.63 crore in the same quarter last year. The increase was driven by a 13% jump in total income to ₹3,442.76 crore, compared with ₹3,037.92 crore a year earlier. The state-run utility also commissioned the 800 MW Parbati-II Project during the quarter, further expanding its operational capacity. Additionally, it brought online 214.28 MW out of the 300 MW Kamisar Solar Power Project in Bikaner, reflecting its growing footprint in renewable energy beyond hydro. Operational Highlights Hydropower Focus: NHPC continues to be India's largest hydropower development organisation under the Ministry of Power, with capabilities spanning conception to commissioning of hydro projects. Renewables Expansion: The company is steadily diversifying into solar and wind energy, complementing its hydro portfolio. Strategic Additions: Capacity expansions this quarter align with the government's renewable push and NHPC's long-term growth strategy. Market Reaction Investor sentiment was buoyed by the revenue growth and commissioning of new projects, although the profit growth remained modest. Analysts see NHPC's expansion into solar as a positive long-term catalyst, but the near-term earnings trajectory will depend on seasonal power demand and execution timelines for under-construction projects. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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Business Standard
2 days ago
- Business
- Business Standard
NHPC Q1 results: Net profit grows 3% to ₹1,131 crore, income up 13%
The state-owned company had logged a net profit of Rs 1,101.63 crore in the April-June period of the preceding financial year Press Trust of India New Delhi NHPC has posted a 3 per cent rise in its net profit to Rs 1,131.16 crore for the June quarter of FY26 on account of higher income. The state-owned company had logged a net profit of Rs 1,101.63 crore in the April-June period of the preceding financial year. According to an exchange filing, the company's total income increased to Rs 3,442.76 crore from Rs 3,037.92 crore in the year-ago period. The company has commissioned the 800 MW Parbati-11 Project during the quarter ended June 30, 2025. During the current quarter, NHPC commissioned 214.28 MW out of the total 300 MW Kamisar Solar Power Project in Bikaner. NHPC, under the Ministry of Power, is India's largest hydropower development organisation, capable of undertaking all activities from conception to commissioning of hydro projects. It has also expanded into the field of solar and wind power development. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
News18
2 days ago
- Business
- News18
NHPC net profit grows 3 pc to Rs 1,131 cr in Q1
Agency: PTI Last Updated: New Delhi, Aug 12 (PTI) NHPC has posted a 3 per cent rise in its net profit to Rs 1,131.16 crore for the June quarter of FY26 on account of higher income. The state-owned company had logged a net profit of Rs 1,101.63 crore in the April-June period of the preceding financial year. According to an exchange filing, the company's total income increased to Rs 3,442.76 crore from Rs 3,037.92 crore in the year-ago period. The company has commissioned the 800 MW Parbati-11 Project during the quarter ended June 30, 2025. During the current quarter, NHPC commissioned 214.28 MW out of the total 300 MW Kamisar Solar Power Project in Bikaner. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
