Arun Kabeli Power reports favorable indicators for Q2 of 2076/77; Net profit at Rs 4.28 crore

Arun Kabeli Power Limited (AKPL) has reported a net profit of Rs 4.28 crore till the second quarter of the FY 2076/77.

According to the unaudited financial report, its net profit has risen from Rs 25.51 lakh in the second quarter of FY 2075/76 to Rs 4.28 crore in the second quarter of the current fiscal year.

Its Share Capital remains at Rs. 1.50 arba with a reserve of Rs 2.73 crore.

Its net worth per share is Rs 98.94 and annualized EPS stands at Rs 5.72.

The production of electricity from Kabeli B-1 project located at the border of Panchthar and Taplejung Districts has started. It has a capacity of 25 MW and has been added to the national transmission line. With this addition, the company will start generating revenue from the next quarter.

Second Quarter Report