Arun Kabeli Power reports revenue of Rs 16.93 lakhs from other sources for Q3 of FY 2075/76; Paid up capital stands at Rs 1.5 arba with net profit of Rs 1.5 lakhs for the period

Mon, May 13, 2019 2:13 PM on Financial Analysis, Latest, Stock Market,

Arun Kabeli Power Limited (AKPL) has reported a profit after tax of Rs. 1.50 lakhs till the third quarter of the FY 2075/76.

According to the unaudited financial report, its net profit after income tax has increased from negative Rs 10.25 lakh in the third quarter of FY 2074/75 to Rs 1.5 lakh in the third quarter of the current FY 2075/76.

The hydropower company has made a sum of Rs 16.93 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 1.53 crore.

Its net worth per share is Rs 98.97. The company has not started the sale of electricity yet. By the starting of next fiscal year, the company may start generating revenue by the selling of electricity to NEA. 

Q3 report