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Friday, January 3, 2025  SENSEX  : 79223.11  [-720.60]     -  Adani Ports : 1199.25   [-26.40]      Asian Paints : 2334.25   [-8.75]      Axis Bank : 1084.20   [-1.95]      Bajaj Finance : 7411.50   [+23.80]      Bajaj Finserv : 1700.50   [-0.10]      Bharti Airtel : 1599.30   [-10.45]      HCL Technologies : 1947.25   [-24.15]      HDFC Bank : 1749.30   [-44.05]      Hind. Unilever : 2405.50   [+35.40]      ICICI Bank : 1265.50   [-25.40]      IndusInd Bank : 998.10   [+5.25]      Infosys : 1938.30   [-19.35]      ITC : 482.00   [-7.25]      Kotak Mah. Bank : 1839.15   [+3.15]      Larsen & Toubro : 3660.95   [-52.90]      M & M : 3187.25   [-22.75]      Maruti Suzuki : 11943.45   [+105.90]      Nestle India : 2232.55   [+32.40]      NTPC : 339.85   [+1.85]      Power Grid Corpn : 316.15   [+0.75]      Reliance Industr : 1251.35   [+9.70]      St Bk of India : 793.50   [-7.55]      Sun Pharma.Inds. : 1849.10   [-28.90]      Tata Motors : 790.40   [+25.45]      Tata Steel : 138.30   [+0.15]      TCS : 4099.25   [-85.00]      Tech Mahindra : 1689.90   [-37.75]      Titan Company : 3449.20   [+57.80]      UltraTech Cem. : 11790.95   [-1.15]      Zomato Ltd : 272.70   [-12.15]      
Hot Pursuit Back
NHPC gets MCA's approval to merge with Lanco Teesta
(03 Jan 2025, 15:18)
Meanwhile, the company said that it has received a second on-account gross payment of Rs 250 crore under its Mega Insurance Policy. This payment is related to the business interruption (BI) loss caused by the flash flood at the Teesta-V Power Station (510 MW) on 4 October 2023.

NHPC is the largest organization for hydropower development in India. It has also diversified in the field of solar & wind power. As of 30 September 2024, the Government of India held a 67.40% stake in the company.

The company reported a 41.19% decline in consolidated net profit to Rs 908.97 crore in Q2 FY25 from Rs 1,545.85 crore recorded in Q2 FY24. However, revenue from operations rose 4.11% year on year (YoY) to Rs 3,051.93 crore in the quarter ended 30 September 2024.

Shares of NHPC rose 0.62% to Rs 82.96 on the BSE.

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