Barun Hydropower earns Rs 67.25 lakhs in Q2 of 2076/77; Rs 2.14 crore earned through electricity sales

Barun Hydropower Company (BARUN) has published the unaudited Q2 report for the fiscal year 2076/77.

The company’s paid-up capital remains unchanged at Rs.25.51 crore compared to the corresponding quarter of the previous year. The reserves of the company is at Rs.3.24 crore which previously was at Rs. 2.75 crore in the corresponding quarter of FY 2075/76.

The secured borrowings of the company have gone down to Rs.25.26 Crore. However, the investments of the company remain unchanged at Rs.9.46 Lakhs.

The total revenue of the company stands at Rs.2.14 Crore which has grown from Rs. 1.82 Crore posted in the corresponding quarter of last FY.

The company, by the end of the second quarter, has reported a net profit of Rs. 67.25 lakh as against profit of Rs 37.42 lakh of last year's Q2.

The EPS in the quarterly report has been stated at Rs. 12.70 which has been calculated by including the general reserve fund till last quarter. However, the EPS is the earning per share of this year and since the net profit of BARUN stands at Rs 67.25 lakhs, the annualized EPS will be Rs 5.27. Similarly, the net worth per share stands at Rs.112.70.

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