Barun Hydropower reports 41.85% and 0.87% fall in total revenue compare to last quarter and corresponding Q2 of last FY

Sun, Feb 3, 2019 11:00 AM on Financial Analysis, Latest, Stock Market,

Barun Hydropower Company (BARUN) has published the unaudited Q2 report for the fiscal year 2075/76. 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 is at Rs. 2.75 Crore which previously was at Rs. 2.33 Crore in the corresponding quarter of FY 2074/75.

The secured borrowings of the company have gone up by 20.18% to stand at Rs. 27.64 Crore. However, the investments of the company remain unchanged at Rs. 9.46 lakhs. The total revenue of the company stands at Rs. 1.82 Crore which has fallen by 0.87% compared to the corresponding quarter of last FY and 41.86% compare to Q1 of current fiscal year.

The profits of the company have also fallen and the profit after tax till the end of Poush stands at Rs. 37.43 lakhs.

The EPS of the company stands at Rs. 2.93 and the net worth per share stands at Rs.110.79 compared to EPS of Rs. 3.28 and net worth per share of Rs. 109.15 posted in the corresponding quarter of the previous year.

Major Highlights:

Particulars (in Rs. '000)

Barun Hydropower Company Limited

Q2 2075/76

Q2 2074/75

Difference

Paid Up Capital

           255,150

       255,150

0.00%

Reserve & Surplus

             27,535

         23,357

17.89%

Secured Borrowings

           276,462

       230,033

20.18%

Investment

                   946

               946

0.00%

Total Revenue

             18,283

         18,380

-0.87%

Operating Profit

             15,897

         15,654

1.56%

Profit After Tax

                3,743

           4,182

-10.50%

EPS (in Rs.)

                  2.93

              3.28

-10.50%

Net Worth per Share (In Rs.)

             110.79

         109.15

1.50%

P/E Ratio

                34.77