Excellent rise in net profit by 95.86% to Rs 41.66 crore of Jalavidhyut Lagani, EPS surges to Rs 8.33

Jalvidhyut Lagani Tatha Bikas Company Limited (HIDCL) has posted excellent rise in net profit by 95.86 percent in the second quarter of the current fiscal year 2074/75. As per unaudited financial report published today, its net profit after income tax has rise to Rs 41.66 crore in the second quarter of fiscal year 2074/75 from Rs 21.27 crore in the corresponding quarter of the previous fiscal year 2073/74. HIDCL made total operating income of Rs 66.63 crore by the end of the second quarter rising from Rs 32.16 crore in the corresponding quarter. It has paid up capital of Rs 10 arba with Rs 90.66 crore in its reserve fund. HIDCL’s annualized earnings per share (EPS) in Q2 FY 2074/75 stands at Rs 8.33 which was only Rs 4.25 in the corresponding quarter of the FY 2073/74, its net worth per share is at Rs 109.07 and P/E ratio stands at 20.16 times. Q2 Report: