NHPC Pays Rs 891 Cr To Govt As Interim Dividend For Financial Year 2020-21
The company further said it has recorded a net profit of Rs 2,829.16 crore for the nine months ended December 2020
Topics
NHPC | Interim Dividend | Centre
Photo: Wikimedia Commons
State-owned hydropower giant NHPC on Friday said it has paid Rs 890.85 crore as an interim dividend to the Centre for the financial year ending March 31, 2021.
NHPC Chairman and Managing Director A K Singh handed over dividend payout advice to Minister of State for Power and New & Renewable Energy R K Singh in the presence of Power Secretary Alok Kumar and other senior officials of the ministry and NHPC, the company said in a statement.
"NHPC has paid an interim dividend of Rs 890.85 crore to Government of India for the financial year 2020-21 on March 5, 2021," it said.
The company further said it has recorded a net profit of Rs 2,829.16 crore for the nine months ended December 2020, against the previous period corresponding figure of Rs 2,624.26 crore. The company had earned a net profit of Rs. 3,007.17 crore for the financial year 2019-20.
(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.)
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First Published: Fri, March 12 2021. 20:13 IST
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