NHPC's Q1 FY 2026-27 Quarterly Results

Result Summary

• NHPC Ltd reported a 26.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 15.0%.
• Its expenses for the quarter were down by 6.1% QoQ and up 26.2% YoY.
• The net profit decreased 24.0% QoQ and increased 4.1% YoY.
• The earnings per share (EPS) of NHPC Ltd stood at 1.09 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

NHPC Ltd, formerly known as National Hydroelectric Power Corporation, is a public sector enterprise in India. The company primarily operates in the hydroelectric power generation sector, contributing significantly to the country's renewable energy resources. NHPC Ltd is involved in the planning, development, and operation of hydropower projects across India. The company's primary products include electricity generated from its hydropower stations, and it has been instrumental in enhancing the country's energy infrastructure. NHPC Ltd has been actively involved in expanding its capacity and exploring new hydropower projects to meet the growing energy demands. Recent developments may include efforts to increase capacity, operational efficiency, and potential expansion into other forms of renewable energy.

Revenue

In the first quarter of FY27, NHPC Ltd reported a total income of ₹3959.72 crores, marking a significant increase from ₹3120.52 crores in the fourth quarter of FY26. This quarter-over-quarter increase of 26.9% highlights a substantial rise in revenue generation. Compared to the first quarter of FY26, the total income increased by 15.0%, indicating a year-over-year growth. This upward trend reflects an enhancement in revenue streams, potentially driven by increased energy production or favorable market conditions.

Profitability

The company reported a profit before tax of ₹1552.50 crores in Q1FY27, a sharp turnaround from the loss of ₹274.59 crores reported in Q4FY26. This represents a substantial quarter-over-quarter change of -665.4%. Year-over-year, the profit before tax saw an increase of 2.3% from ₹1517.69 crores in Q1FY26. The profit after tax for Q1FY27 was ₹1178.09 crores, down from ₹1549.42 crores in Q4FY26 but up from ₹1131.16 crores in Q1FY26. The earnings per share (EPS) for Q1FY27 stood at ₹1.09, showing a decrease from ₹1.45 in Q4FY26 but an increase from ₹1.06 in Q1FY26, reflecting a year-over-year growth of 2.8%.

Operating Metrics

NHPC Ltd's total expenses in Q1FY27 were ₹2661.53 crores, a decrease of 6.1% from ₹2835.89 crores in Q4FY26. This reduction in expenses suggests operational cost efficiencies or strategic cost management during the quarter. However, compared to Q1FY26, expenses increased by 26.2% from ₹2108.83 crores. The tax expenses for Q1FY27 amounted to ₹375.61 crores, a notable rise from the negative tax reported in Q4FY26, which was -₹1823.20 crores, indicating significant tax adjustments in the previous quarter. The year-over-year tax expense saw a slight decrease of 3.0% from ₹387.15 crores in Q1FY26. These financial metrics suggest various operational and fiscal activities that have impacted the company's quarterly performance.