Barun Hydropower reports net profit of Rs 1.58 crore till first quarter of FY 2076/77

Barun Hydropower Company (BARUN) has published the unaudited Q1 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.2.56 crore which previously was at Rs. 2.37 crore in the corresponding quarter of FY 2075/76.

The secured borrowings of the company have gone down to Rs.26.53 Crore. However, the investments of the company remain unchanged at Rs.9.46 Lakhs.

The total revenue of the company stands at Rs.3.24 Crore which has grown from Rs. 3.13 Crore posted in the corresponding quarter of last FY.

The company had posted a loss in the previous quarter, however by the end of the first quarter, the company reported a net profit of Rs. 1.58 crore.

The EPS in the quarterly report has been stated at Rs. 10.07 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 1.58 crore, the EPS will be Rs 6.19. Similarly, the net worth per share stands at Rs.110.07.

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