NEW DELHI: State-owned hydro power giant NHPC reported over 60 according to cent decline in consolidated net profit to Rs 238.64 crore in March quarter, principally because of decrease revenues.

Its consolidated web benefit was once Rs 602.91 crore within the fourth quarter earlier fiscal, the corporate mentioned in a regulatory submitting.

Total source of revenue was once Rs 2,382.36 crore within the duration underneath overview, in comparison to Rs 2,450.08 crore within the year-ago duration.

Consolidated web benefit for 2019-20 stood at Rs 3,324.72 crore, in comparison to Rs 2,835.79 crore in 2018-19.

The general source of revenue of the corporate in 2019-20 was once Rs 10,776.64 crore as in opposition to Rs 9,846.81 crore in 2018-19.

The Board of Directors in its assembly hung on Saturday has additionally really useful final dividend on the fee of three.2 according to cent of face worth of Rs 10 according to share (Re 0.32 according to fairness percentage) for 2019-20, topic to approval of shareholders within the resulting annual common assembly.

This is along with the meantime dividend of Rs 1.18 according to fairness percentage for 2019-20 paid in March, 2020.

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