Arun valley & Synergy Power has posted a net profit growth of 170% & negative 23% in Q1; Know the details here

Arun Valley Hydropower Development Company Limited (AHPC) has posted a net profit growth of 170% percent in the first quarter of the current FY 2075/76. According to the unaudited financial report published today, its net profit after income has surged to Rs 1.38 crore from Rs 51.04 lakh in the first quarter of fiscal year 2074/75. AHPC has sold electricity of worth Rs 1.30 crore, by the end of the first quarter.  The company’s operating profit increased to Rs 1.70 crore in Q1 of the current fiscal year from Rs 81.77 lakhs in the corresponding quarter of the previous year. Its reserve fund has decreased from Rs 9.85 crore in the corresponding quarter of FY 2074/75 to Rs 3.83 crore in the first quarter of the FY 2075/76. Its share Capital remains at Rs 93.30 crore. Its annualized earning per share (EPS) stands at Rs 5.93, its net worth per share at Rs 104.11 and P/E ratio stood at 25.98 times.

Synergy Power Company Limited (SPDL) has posted a net profit rise of 23% percent in the first quarter of the current FY 2074/75. According to the unaudited financial report published today, its net profit after income tax has shrunk to Rs 2.61 crore in first quarter of fiscal year 2075/76 from Rs 3.39 crore in the first quarter of the previous fiscal year 2074/75. It made an income of Rs 7.73 crore, mainly from selling electricity, by the end of the first quarter. Its share capital remains at Rs 70 crore with a negative reserve of Rs 11.06 crore. It's annualized earning per share (EPS) stands at Rs 14.91 and its net worth per share stands at Rs 84.19.