Online edition of India's National Newspaper
Saturday, Jun 12, 2004

About Us
Contact Us
Business
News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts:
Classifieds | Employment | Obituary |

Business - Briefly Printer Friendly Page   Send this Article to a Friend

NHPC net profit up

NEW DELHI: The public sector National Hydroelectric Power Corporation (NHPC) has achieved a profit after tax of Rs. 621.38 crores for 2003-04 against Rs. 510.50 crores in the previous year. The increase works out to over 22 per cent. Consequently, the NHPC board has recommended a dividend of Rs. 60 crores in addition to the interim dividend of Rs. 60 crores already paid in March. Sales of the corporation have also gone up to Rs. 1,414 crores from Rs. 1,325 crores, registering an increase of 7 per cent. The corporation has been able to reduce its interest outgo to the extent of Rs. 47 crores. Moreover, the debt:equity ratio has been brought down from 0.52 during 2003-04 from 0.68 in the previous year.

Our Special Correspondent

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts:
Classifieds | Employment | Obituary | Updates: Breaking News |

BL Mumbai Launch


News Update


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

Copyright © 2004, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu