Arun Kabeli and Kalika Power reported profit after tax of Rs. 6.26 lakhs and Rs. 2.03 crore respectively as per Q2 report; Net worth per share stand at Rs. 99.01 and Rs. 100.86 respectively

Mon, Feb 11, 2019 11:50 AM on Financial Analysis, Latest, Stock Market,

Arun Kabeli Power Limited (AKPL) has reported a profit after tax of Rs. 6.26 lakhs till this month in the second quarter of the FY 2075/76.

According to the unaudited financial report, its net profit after income tax has increased from negative Rs 16.61 lakh in the second quarter of FY 2074/75 to Rs 6.26 lakh in the second quarter of the current FY 2075/76.

The hydropower company has made a sum of Rs 17.35 lakh from the other sources heading of profit & loss account. Its Share Capital remains at Rs. 1.50 arba with a negative reserve of Rs 1.49 crore.

Its net worth per share is Rs 99.01. The LTP of the stock stands at Rs 177.

The company has not started its core operation yet - the sale of electricity.

Q2 report

Kalika Power Company Limited (KPCL) has posted a profit after income tax of Rs 2.03 crore in the second quarter (Q2) of FY 2075/2076.

According to an unaudited financial report published today, the company has made Rs 10 crore by selling electricity till the end of Poush in Q2 of FY 2075/2076 which has increased by 5.34% compared to income of worth Rs 9.49 crore in the corresponding quarter of last FY 2074/2075. However, the cost of sale has increased by 43.28% to Rs 95.17 lakh from Rs 66.42 lakhs in the corresponding quarter of the last year.

The company's income after tax has increased from Rs 1.19 crore in Q2 of FY 2074/75 to Rs 2.03 crore in Q2 of the current fiscal year. Its share capital remains at Rs 60 crore and a reserve has increased to Rs 51.87 lakhs in a current fiscal year from negative Rs 54.80 lakhs in the corresponding quarter of last fiscal year.

An annualized EPS of the company stands at Rs 6.78, Net worth per share stands at Rs 100.86 and a P/E ratio of the company is 14.60 times. The LTP of Kalika Power's stock is Rs 99.

Q2 report