Barun Hydropower net profit in Q2 rise to Rs 2.23 crore; Annualized EPS & Net worth stands at Rs 17.48 & Rs 109.15 respectively

Barun Hydropower Company Limited (BARUN) has posted rise in net profit by 66.72% percent in the second quarter of the FY 2074/75. According to the unaudited financial report published today, its net profit after income tax has risen to Rs 2.23 crore in the second quarter of fiscal year 2074/75 from Rs 1.33 crore in the corresponding quarter of the previous fiscal year 2073/74. BARUN made regular income from power sales of Rs 5.53 crore by the end of the second quarter rising from Rs 4.33 crore in the corresponding quarter.. Its reserve fund amounts to Rs 2.33 crore from negative Rs 3.95 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 8.74 (annualized EPS = Rs 17.48), net worth per share is at Rs 109.15 and P/E ratio at 23.11 times. Q2 Report here