Are NHPC Ltd latest results good or bad?

NHPC Ltd's latest financial results for the quarter ended September 2025 reflect a mixed operational performance. The company reported a consolidated net profit of ₹1,021.44 crores, which represents a year-on-year growth of 13.49%, contrasting with a significant decline in the same quarter last year. This positive trend in net profit is accompanied by a net sales figure of ₹3,365.26 crores, marking a year-on-year increase of 10.27%.
Operating profit, excluding other income, was reported at ₹1,805.16 crores, showing a year-on-year growth of 12.28%. The operating profit margin for this period was 59.15%, indicating a slight contraction from the previous year's margin of 60.23%.

Despite the growth in net profit and sales, NHPC's interest expenses increased, reflecting a challenging environment for profitability. The company also experienced a revision in its evaluation, which may influence market perceptions moving forward.

Overall, NHPC's results indicate a recovery in profitability metrics compared to the previous year, but the pressures on margins and rising interest costs suggest that the company faces ongoing operational challenges.