Arun Valley Hydropower reports 06% rise in net profit reaching Rs 1.36 crore; Annualized EPS as of Q1 2075/76 at Rs 5.85

Arun Valley Hydropower Development Company Limited (AHPC) has posted a net profit growth of 0.60% in the first quarter (Q1) of the current FY 2076/77.

According to the unaudited financial report published today, its net profit after income has increased to Rs 1.36 crore from Rs 1.35 crore in the same quarter of FY 2075/76. AHPC has sold electricity of worth Rs 2.03 crore, by the end of Q1.

The company’s operating profit increased to Rs 2.20 crore in Q1 of the current fiscal year from Rs 1.67 crore in the corresponding quarter of the previous year.

Its reserve fund stands at Rs 9.12 crore with share capital remains at Rs 93.30 crore. The short term borrowings of the company rose to Rs 8.22 crore by the end of the first quarter.

Its annualized earning per share stands at Rs 5.85, net worth per share at Rs 105.78 and P/E ratio stood at 16.40 times, as per the first-quarter report.

First Quarter Report