Barun Hydropower net profit in Q1 impressively rise by 187.30% to Rs 1.81 crore; Annualized EPS & Net worth stands at Rs 14.20 & Rs 107.52 respectively

Barun Hydropower Company Limited (BARUN) has posted impressive rise in net profit by 187.30% percent in the first quarter of the FY 2074/75. According to the unaudited financial report published today, its net profit after income tax has rise to Rs 1.81 crore in the first quarter of fiscal year 2074/75 from Rs 63.09 lakh in the corresponding quarter of the previous fiscal year 2073/74. BARUN made regular income from power sales of Rs 3.69 crore by the end of the first quarter rising from Rs 2.07 crore in the corresponding quarter — rise by 78.26%. Its reserve fund amounts to Rs 1.91 crore from negative Rs 4.65 crore. After 100% right shares it had announced, its paid up capital will reach to Rs 51.03 crore from existing 25.51 crore (including 5% bonus from the net profit of FY 2073/74). Its earnings per share (EPS) stands at Rs 7.10 (annualized EPS = Rs 14.20), net worth per share is at Rs 107.52 and P/E ratio at 28.02 times.