Arun Valley Hydropower reports increase in net profits by 74.52% for the third quarter; EPS stands at Rs.5.97 and net worth per share at Rs.107.11

Arun Valley Hydropower Development Company Limited (AHPC) has posted a net profit growth of 74.52% in the third quarter (Q3) of the current FY 2075/76.

According to the unaudited financial report published today, its net profit after income has surged to Rs 4.17 crore from Rs 2.39 crore in the same quarter of FY 2074/75. AHPC has sold electricity of worth Rs 4.20 crore, by the end of Q3.

The company’s operating profit increased to Rs 6.03 crore in Q3 of the current fiscal year from Rs 3.32 crore in the corresponding quarter of the previous year.

Its reserve fund stands at Rs 6.63 crore with share capital remains at Rs 93.30 crore.

Its earning per share stands at Rs 5.97; net worth per share at Rs 107.11 and P/E ratio stood at 17.10 times, as per the third quarter report.