Arun Valley Hydropower' net profit and reserve increase to Rs. 3.03 crore and Rs. 5.49 crore respectively; EPS is Rs. 6.51 with LTP of Rs. 105 in Q2

Arun Valley Hydropower Development Company Limited (AHPC) has posted a net profit growth of 76.07% in the second quarter (Q2) of the current FY 2075/76.

According to the unaudited financial report published today, its net profit after income has surged to Rs 3.03 crore from Rs 1.72 crore in the same quarter of FY 2074/75. AHPC has sold electricity of worth Rs 3.02 crore, by the end of Q2.

The company’s operating profit increased to Rs 4.37 crore in Q2 of the current fiscal year from Rs 2.34 crore in the corresponding quarter of the previous year.

Its reserve fund stands at Rs 5.49 crore with share capital remains at Rs 93.30 crore.

Its annualized earning per share stands at Rs 6.51; net worth per share at Rs 105.89 and P/E ratio stood at 16.13 time.