Bishal Bazaar reports marginal growth in net profit; earns Rs 1.28 crore in Q1

ShareSansar, February 5:

Bishal Bazaar Company Limited has published its financial statement for the first quarter today, as per which it has posted 7.19 percent growth in net profit.

One of the oldest supermarkets of the country has stated that its profit has increased from Rs 1.19 crore in the corresponding quarter of the last fiscal year 2070/71 to Rs 1.28 crore by the end of the second quarter.

Its operational income has increased from Rs 1.6 crore to Rs 1.96 crore by the end of first quarter.

However, the company has stated that its business is satisfactory, though it has cited power crisis and inadequate parking space in and around the supermarket for the fall in business.

The company stated that due to power crises, companies operating income has increased drastically this quarter.

Bishal Bazaar’s EPS stands at 25.71, net worth per share at Rs 527.90, P/E ratio at 75.06 times.