<p> State-owned hydropower giant NHPC reported over 60 per cent decline in consolidated net profit to Rs 238.64 crore in March quarter, mainly due to lower revenues.</p>.<p>Its consolidated net profit was Rs 602.91 crore in the fourth quarter previous fiscal, the company said in a regulatory filing.</p>.<p>Total income was Rs 2,382.36 crore in the period under review, compared to Rs 2,450.08 crore in the year-ago period.</p>.<p>Consolidated net profit for 2019-20 stood at Rs 3,324.72 crore, compared to Rs 2,835.79 crore in 2018-19.</p>.<p>The total income of the company in 2019-20 was Rs 10,776.64 crore as against Rs 9,846.81 crore in 2018-19.</p>.<p>The Board of Directors in its meeting held on Saturday has also recommended a final dividend at the rate of 3.2 per cent of the face value of Rs 10 per share (Re 0.32 per equity share) for 2019-20, subject to the approval of shareholders in the ensuing annual general meeting.</p>.<p>This is in addition to the interim dividend of Rs 1.18 per equity share for 2019-20 paid in March 2020.</p>
<p> State-owned hydropower giant NHPC reported over 60 per cent decline in consolidated net profit to Rs 238.64 crore in March quarter, mainly due to lower revenues.</p>.<p>Its consolidated net profit was Rs 602.91 crore in the fourth quarter previous fiscal, the company said in a regulatory filing.</p>.<p>Total income was Rs 2,382.36 crore in the period under review, compared to Rs 2,450.08 crore in the year-ago period.</p>.<p>Consolidated net profit for 2019-20 stood at Rs 3,324.72 crore, compared to Rs 2,835.79 crore in 2018-19.</p>.<p>The total income of the company in 2019-20 was Rs 10,776.64 crore as against Rs 9,846.81 crore in 2018-19.</p>.<p>The Board of Directors in its meeting held on Saturday has also recommended a final dividend at the rate of 3.2 per cent of the face value of Rs 10 per share (Re 0.32 per equity share) for 2019-20, subject to the approval of shareholders in the ensuing annual general meeting.</p>.<p>This is in addition to the interim dividend of Rs 1.18 per equity share for 2019-20 paid in March 2020.</p>