Chhyangdi Hydropwer’s profit rises by 25% in Q1; EPS slightly improves to Rs 3.33

Sun, Nov 25, 2018 8:13 AM on Financial Analysis, Latest, Stock Market,

Chhyangdi Hydropower Limited (CHL) has published staggering 25% rise in profit in the first quarter of the FY 2075/76.

According the financial report published today, its net profit amounts to Rs 89.96 lakh which has increased from Rs 71.74 lakh in the corresponding quarter.

It earned Rs 2.03 crore as income from electricity sales to NEA, by the end of the first quarter.

The reserve fund of the company has increased to Rs 1.59 crore in the first quarter, which has increased from corresponding quarter’s Rs 74.89 lakh.

Its share capital remains at Rs 27 crore.

Its earning per share stands at Rs 3.33 and net worth per share is Rs 105.92.