Barun Hydropower posts a fall in the profits and revenue for Q1 of FY 75/76; paid up capital and investments remain unchanged

Sun, Nov 11, 2018 1:25 PM on Financial Analysis, Latest, Stock Market,

Barun Hydropower Development Company has published the unaudited Q1 report for the year 75/76. 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 are at Rs.2.37 Crore which previously were at Rs.1.91 Crore.

The secured borrowings of the company have gone up by 21.5% and stand at Rs.28.32 Crore. However, the investments of the company remain unchanged at Rs.94.60 Crore. The total revenue of the company stands at Rs.3.13 Crore which have fallen by 15.21% compared to the corresponding quarter of the previous year. The profits of the company has also fallen and the profit after tax currently stands at Rs.1.15 Crore.

The EPS of the company stands at Rs.9.32 and the net worth per share stands at Rs.109.32 compared to EPS of Rs.7.10 and net worth per share of Rs.107.52 posted in the corresponding quarter of the previous year.

Highlights

Particulars (In Rs '000)

Q1 75/76

Q1 74/75

Difference

Paid Up Capital

255,150.00

255,150.00

0.00%

Reserves and Surplus

23,792.06

19,174.93

24.08%

Secured Borrowings

283,289.41

233,215.28

21.47%

Investment

946,000.00

946,000.00

0.00%

Total Revenue

31,366.98

36,995.64

-15.21%

Operating Profit

26,403.97

32,596.53

-19.00%

Profit After Tax

11,584.42

18,123.81

-36.08%

EPS (In Rs)

9.32

7.10

31.27%

Net Worth Per Share (In Rs)

109.32

107.52

1.67%