Butwal Power Company net profit up 60% to Rs 13 crore; net worth at Rs 232.61 per share

Butwal Power Company Limited (BPCL) has posted a net profit rise of 60% in the second quarter of the fiscal year 2073/74. Its net profit at the end of Q2 this year has increased to Rs 13.09 crore, up 60% from Rs 8.18 crore posted in the second quarter last year. Its income from sales of electricity has increased to Rs 40.24 crore and has managed to reduce its administrative expenses to Rs 4.79 crore. As of the end of Q2 this year, its paid up capital stands at Rs 1.69 arba with a reserve of Rs 2.24 arba. Its net worth per share has reached Rs 232.61 with P/E ratio at 72 times. It has distributed 7% bonus share and 20% cash dividend for the FY 2072/73. BPCL is constructing 30MW Nyadi Hydropower project and 37.6MW Kabeli-A project.