NHPC Limited, India's largest hydropower generation company and a public sector undertaking under the Ministry of Power, reported a modest 3% year-on-year increase in net profit for the quarter ended June 2025, supported by stronger revenue from power generation and improved operating earnings.

The state-owned hydropower major saw its EBITDA margin expand to nearly 62% during the June quarter, reflecting enhanced operating efficiency across its generation assets. Revenue and operating earnings grew strongly, even as the bottom-line increase remained marginal. The April–June quarter typically precedes the monsoon-driven peak generation period for hydropower operators, and sustained generation performance in subsequent quarters will be influenced by reservoir levels and rainfall patterns across NHPC's catchment areas.

NHPC designs, constructs, and operates hydroelectric power projects across India. The company's portfolio includes several large-capacity hydroelectric stations, and it has increasingly diversified into solar and wind energy projects as part of India's broader push toward renewable energy capacity addition. Hydropower plays a complementary role to variable renewables by providing peaking power and grid-balancing capability, and NHPC's generation base is positioned within India's target of achieving 500 GW of non-fossil fuel installed capacity by 2030.

Source: CNBC-TV18