Arun Kabeli witnesses loss of Rs 10.24 lakh in the third quarter; Net worth per share stand at Rs 99
Fri, May 11, 2018 3:29 AM on Financial Analysis, Latest, Stock Market,
Arun Kabeli Power Limited (AKPL) has reported a net loss in the third quarter of the FY 2074/75.
According to the unaudited financial report published today, its net loss after income tax has reached Rs 10.24 lakh in the third quarter of the current year from Rs 27.95 lakh loss of the corresponding quarter.
It made no income from selling electricity.
The hydropower company’s net current assets stand at Rs 8.94 crore. Its share capital remains at Rs 1.50 arba with negative reserve of Rs 1.49 crore.
Its net worth per share stands at Rs 99.
The company is on a final phase to produce 25 MW electricity within a months time.
