NHPC Limited, a Government of India enterprise and a Navratna company, has recently disclosed its unaudited financial results for the quarter and half-year ended 30th September 2025. As per the released data, the company has shown a robust performance in terms of revenue and profit metrics, reflecting a stable growth trajectory in its operational and financial facets.
**Financial Performance Overview:**
For the half-year ended 30th September 2025, NHPC Limited reported a substantial total income of Rs. 5,709.54 crore, a noticeable increase from Rs. 4,965.37 crore recorded in the corresponding period of the previous year. This increment is primarily attributed to a consistent rise in revenue from operations and a significant contribution from other income streams.
The profit before tax, including movements in Regulatory Deferral Account Balances, stood at Rs. 2,994.44 crore for the quarter ended 30th September 2025, compared to Rs. 2,912.78 crore in the previous quarter. This demonstrates a sustained profitability momentum despite varying market conditions.
**Expenses and Profitability:**
NHPC’s operational expenses for the quarter under review were meticulously managed, totaling Rs. 2,549.25 crore, a slight decrease from Rs. 2,549.25 crore in the earlier quarter. The major components of the expenses included generation costs, employee benefits, finance costs, and depreciation charges.
The company’s profit for the period before movements in Regulatory Deferral Account Balances was recorded at Rs. 1,643.86 crore, marking a significant increase from Rs. 1,147.00 crore in the previous quarter. This improvement underscores NHPC’s enhanced operational efficiency and effective cost management strategies.
**Asset and Liability Management:**
NHPC’s total assets as of 30th September 2025 stood at Rs. 93,570.28 crore, showing a commendable increase from Rs. 87,121.11 crore as of 31st March 2025. The growth in assets is largely supported by increases in non-current and current assets, including significant investments in property, plant, and equipment.
On the liabilities front, the total equity and liabilities matched the assets at Rs. 93,570.28 crore. The equity share capital remained stable at Rs. 10,045.03 crore, while other equity saw a rise, contributing to an overall solid equity base for the company.
**Liquidity and Cash Flows:**
NHPC Limited maintained a healthy liquidity position as evidenced by its cash flow statements. Net cash flow from operating activities was robust, amounting to Rs. 3,420.57 crore for the half-year ended 30th September 2025, supported by strong profit generation and effective working capital management.
The company’s investing activities entailed substantial capital expenditure on property, plant, and equipment, reflecting its commitment to long-term growth and operational efficiency. Financing activities primarily consisted of dividend payments and management of borrowings, aligning with the company’s capital structure strategy.
**Outlook and Strategic Initiatives:**
Looking forward, NHPC Limited is positioned to continue its growth trajectory, supported by strategic initiatives in renewable energy projects and effective capital deployment. The company’s focus on maintaining operational excellence and financial discipline is expected to further enhance shareholder value and contribute to sustainable development initiatives.
In conclusion, NHPC Limited’s financial results for the quarter and half-year ended 30th September 2025 reflect a stable and growing enterprise, poised for future success in the dynamic energy sector. The company’s strategic investments and efficient operational management are key drivers that will continue to propel its growth in the coming periods.
