Read more about NHPC Q4 PAT spurts 80% YoY to Rs 464 cr on Business Standard. On a consolidated basis, NHPC s net profit jumped 79.50% to Rs 464.60 crore on 25.84% decline in revenue from operations to Rs 1,609.17 crore in Q4 March 2021 over Q4 March 2020.
The public sector bank reported a net profit of Rs 586.33 crore in Q4 FY21 as against a net loss of Rs 697.20 crore in Q4 FY20.The bank s total income increased by 37.5% to Rs 22,531.73 crore in Q4 FY21 over Q4 FY20. The bank s operating profit (before provisions & contingencies) surged 43.3% to Rs 5,634.31 crore in Q4 FY21 over Q4 FY20.
The public sector bank posted a profit before tax of Rs 948.27 crore in Q4 FY21 compared with pre tax loss of Rs 969.03 crore in Q4 FY20.
The bank s provisions & contingencies for Q4 FY21 stood at Rs 4,686.04 crore, declining 4.4% from Rs 4,901.31 crore in Q4 FY20. The bank s provision coverage ratio stood at 80.14% as of 31 March 2021 compared to 77.79% in previous year.
Read more about PNB reports Q4 PAT of Rs 586 cr on Business Standard. The public sector bank reported a net profit of Rs 586.33 crore in Q4 FY21 as against a net loss of Rs 697.20 crore in Q4 FY20.
Read more about NHPC schedules board meeting to consider fund raising on Business Standard. NHPC said that meeting of board of directors of the company is scheduled on 10 June 2021, to consider and approve proposal to raise debt up to Rs 4300 crore during financial year 2021-22.
Read more about CAPEX Push By Government And Rising Capacity Utilization Could Support GDP Outlook Says RBI on Business Standard. The Reserve Bank Of India, in its latest Annual Report, has maintained a cautious stance on local economy. It noted that the pace of contagion in the second wave has been alarming, stretching the health infrastructure in terms of the capacity to