NHPC Q3 Results: Net profit falls 5% on revenue and margin decline; declares dividend

State-owned NHPC Ltd on Wednesday (February 4) reported a 5.2% year-on-year decline in net profit for Q3 at ₹219 crore, compared with ₹231 crore in the same period last year.

Revenue fell 2.9% to ₹2,220 crore from ₹2,286 crore in Q3FY25. EBITDA dropped sharply by 79.2% to ₹210 crore from ₹1,014 crore in the year-ago quarter. EBITDA margin contracted to 9.5% from 44.4% in the corresponding period last year.

Also, the company announced the payment of an interim dividend at the rate of 14% (₹1.40 per equity share) on the face value of ₹10 per share for the financial year 2025-26.

Also Read: NHPC announces commerical operation of 3rd phase of Karnisar Solar Power Project in Bikaner

The Board has fixed Tuesday, February 10, 2026, as the record date to determine the eligibility of shareholders for the interim dividend. The dividend will be paid or dispatched within the period stipulated under the Companies Act, 2013.

The company also proposed the cancellation of the Memorandum of Understanding (MoU) and Promoters’ Agreement signed with Green Energy Development Corporation of Odisha Ltd (GEDCOL) for the formation of a joint venture to implement floating solar power projects across water reservoirs in Odisha.

Additionally, NHPC proposed the withdrawal of its Nominee Director from the Board of PTC India Ltd (PTC) and the relinquishment of NHPC’s status and rights as a ‘Promoter’ of PTC, in line with the Office Memorandum dated January 16, 2026, issued by the Ministry of Power, Government of India.

Also Read: NHPC Q2 Results: Navratna PSU posts 13% profit growth, revenue up 10% YoY

Shares of NHPC Ltd ended at ₹78.49, up by ₹0.0100, or 0.013%, on the BSE.