Chhyangdi Hydropower Limited publishes unaudited report for the fourth quarter; net profit amounts to Rs.1.39 Crore

Chhyangdi Hydropower Limited (CHL) has reported a 99.27% rise in profit in the fourth quarter of the FY 2075/76.

According to the unaudited financial report published today, its net profit transferred to balance sheet amounts to Rs.1.39 Crore which was Rs.69.89 Lakh in the corresponding quarter of FY 2074/75. However, net profit for the year stands at Rs.69.37 Lakhs compared to previous years Rs.66.73 Lakhs.

It earned Rs.5.14 Crore as income from electricity sales to NEA, it amounted Rs.5.31 Crore in the same quarter of the previous fiscal year.

Its share capital remains at Rs.27 Crore. The reserve fund of the company has increased to Rs.1.39 Crore in the fourth quarter, which has increased from Rs.69.89 Lakh the corresponding quarter of the previous year.

Its earning per share stands at Rs.2.57 and net worth per share is Rs.105.16 with a PE ratio of 33.86 times.