NHPC Q2 net soars 11.92% to Rs 690.18 cr

MUMBAI: State-run hydro power generator NHPC today 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.