India's NHPC slips after quarterly profit falls one-fourth sequentially

NHPC

05/08/2026 08:09

** Shares of India's NHPC NHPC.NS fall 2.3% to 78.63 rupees
** Stock on track for its worst day since June 2
** Power generation co reports June-quarter consol net profit sequential declines of 24.9% to 10.96 billion rupees($115.2 million)
** Consol revenue from operations rises 18.5% Y/Y 
** Stock rated "buy" on average by 8 analysts; median PT is 87 rupees - LSEG-compiled data
** Stock down 0.7% YTD

($1 = 95.1225 Indian rupees)

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))