NHPC Limited Board Approves Interim Dividend, Cancels Odisha MoU, and More

NHPC Limited’s Board approved an interim dividend of 14% (₹1.40 per share) for FY 2025-26, with a record date of February 10, 2026. The Board also approved cancellation of an MoU with GEDCOL for floating solar power projects in Odisha, and the withdrawal of NHPC’s nominee director from PTC India Limited’s Board. These decisions were made during a meeting held on February 4, 2026.

Interim Dividend Declared

The Board of Directors has approved the payment of an interim dividend at the rate of 14% (₹1.40 per equity share) on the paid-up equity shares with a face value of ₹10 each for the financial year 2025-26. The record date for determining shareholders’ eligibility is February 10, 2026. The interim dividend will be paid within the timeframe stipulated by the Companies Act, 2013.

MoU Cancellation

The board has approved the cancellation of the Memorandum of Understanding (MoU) and Promoters’ Agreement between NHPC Limited and Green Energy Development Corporation of Odisha Limited (GEDCOL). This MoU was for the formation of a JV Company intended to implement floating solar power projects in Odisha’s water reservoirs.

Changes in Board Representation

NHPC Limited will withdraw its nominee director from the Board of Directors of PTC India Limited (PTC). This includes relinquishing the status and rights of NHPC Limited as a ‘Promoter’ of PTC, as per a Ministry of Power Office Memorandum dated January 16, 2026.

Financial Results Highlights (Q3 2025-26)

  • Revenue from Operations: ₹2,220.73 crore
  • Other Income: ₹272.10 crore
  • Total Income: ₹2,492.83 crore
  • Profit for the period: ₹320.60 crore

Key Financial Ratios

  • Debt Equity Ratio: 1.17
  • Operating Margin: 26.38%
  • Net Profit Margin: 14.44%

The financial data presented above reflects the unaudited standalone financial results for Q3 (Oct-Dec) of FY 2025-26.

Source: BSE

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