Aankhu Khola Hydropower has shown huge increment in net profit by 58.24% percent in the first quarter of the FY 2075/76
Thu, Nov 15, 2018 3:46 PM on Financial Analysis, Latest, Stock Market,
Aankhu Khola Hydropower Company Limited has published the Q1 unaudited financial report for the FY 2075/2076, today. According to the report, its net profit surged to Rs 1.43 crore in the first quarter of fiscal year 2075/76 from Rs 90.43 lakhs in the corresponding quarter of the previous fiscal year 2074/75.
|
Particulars in (000) |
Q1 of FY 2075/2076 |
Q1 of FY 2074/2075 |
Change |
|---|---|---|---|
|
Paid-up Capital |
662,398 |
600,600 |
10.29% |
|
Reserve & Surplus |
-172,656 |
-252,176 |
31.53% |
|
Income from sale of electricity |
82,135 |
82,168 |
-0.04% |
|
Finance expenses |
38,374 |
39,632 |
-3.17% |
|
Net Profit |
14,310 |
9,043 |
58.24% |
The company has made Rs 8.21 crore through the sale of electricity in Q1 of the current fiscal year. The company had sold electricity of same worth in the same quarter of last fiscal year. However, in this quarter the company has managed make a decent profit by cutting 'Generation and distribution' expenses. Its current paid up capital stands at Rs 66.23 crore with negative Rs 17.26 crore in reserve fund. Its annualized earnings per share (EPS) stands at Rs 2.16, net worth per share is at Rs 73.93.
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