Ankhukhola Hydropower Reports Decent Incline In Net Profit To Stand at Rs. 2.4 Crores For The Q4 of FY 78/79; Net Worth Per Share Stands at Rs 70.18

Sun, Jul 31, 2022 1:37 PM on Latest, Financial Analysis, Stock Market,

Ankhukhola Hydropower Company Limited (AKJCL) has published the Q4 financial report for the FY 2078/79 with an outstanding inline in net profit to stand at Rs. 2.48 Crores. During the corresponding quarter of last fiscal year, the company reported a net profit of Rs.10.52 lakhs only. 

Total Revenue up to the fourth quarter has been increased by Rs. 2.94 crores as compared to total revenue up to the fourth quarter of FY 2077/078.

Administrative & General Expenses for fourth quarter has been increased by 3.27% as compared to Administrative & General Expenses for the fourth quarter of FY 2077/078.

Generation and Distribution expenses for fourth quarter have been increased by 31.80% as compared to Generation and Distribution Expenses for the fourth quarter of FY 2077/078 due to increase in Insurance costs, maintenance cost of retention wall, turbine and power house. 

The current paid-up capital of the company stands at Rs.80 Crore with a negative reserve of Rs.23.8 Crore in reserve fund. With this capital, the capital reported it’s Earning per share (EPS) at Rs. 3.10 posted net worth per share of Rs.70.18.

Click here for Q4 report

Major Financial Highlights

Particulars (Rs in 000) Ankhu Khola Jalvidhyut Company Limited 
Q4 2078/79 Q4 2077/78 Difference
Equity Share Capital        800,000.00      800,000.00 0.00%
Other Equity      (238,592.61)    (262,298.25) -9.04%
Property, Plant and Equipment    1,819,358.09  1,844,308.67 -1.35%
Other Equity Investment             6,600.00           6,600.00 0.00%
Cash and Cash Equivalents            2,166.26              539.31 301.67%
Sale of Electricity (Revenue)        222,982.09      193,578.15 15.19%
Generation and Distribution Expenses          44,525.73        33,781.77 31.80%
Administrative and General Expenses            8,869.04           8,588.33 3.27%
Profit from Operation        142,092.20      123,540.78 15.02%
Net Profit          24,813.80           1,052.33 2257.99%
 EPS (In Rs.)                     3.10    
Net Worth per Share (In Rs.)                  70.18    
Qtr End P/E Ratio                  64.64    
Current Ratio                     1.06    
Market Value Per Share (In Rs)                200.50