Mumbai, Aug. 5 -- Profit before tax and regulatory deferral account balances stood at Rs 1,299.39 crore in Q1 FY27, down 2.63% from Rs 1,333.93 crore in Q1 FY26.

During the quarter, total expenses increased 26.20% year on year to Rs 2,661.53 crore. Depreciation and amortisation expenses rose 37.60% YoY to Rs 599.65 crore, while employee benefits expenses declined 5.31% YoY to Rs 401.01 crore.

On the margins front, the company's operating margin improved to 47.73% in Q1 FY27 from 44.11% in the corresponding quarter last year. However, the net profit margin declined to 30.93% from 35.20%.

NHPC is India's largest hydropower development company and is engaged in the generation and sale of electricity from hydroelectric, solar and wind powe...