Jalvidhyut Lagani Tatha Bikas Company Limited (HIDCL) has posted 69.11% rise in net profit in the last quarter of the fiscal year 2074/75

As per unaudited financial report published today, its net profit after income tax has risen to Rs 83.03 crore in the fourth quarter of fiscal year 2074/75 from Rs 49.1 crore in the corresponding quarter of the previous fiscal year 2073/74. HIDCL made total operating income of Rs 1.33 arba by the end of the fourth quarter rising from Rs 99.33 crore in the third quarter of this year. It has paid up capital of Rs 10 arba with Rs 1.32 arba in its reserve fund. Similarly, HIDCL’s this quarter report states an Advance Share Capital from the Government of Nepal worth Rs 5 arba, which is the reason for discrepancy between the Annualized and Diluted EPS.

HIDCL’s annualized earnings per share (EPS) in Q4 FY 2074/75 stands at Rs 8.30 which was only Rs 4.91 in the corresponding quarter of the FY 2073/74. Similarly it’s diluted EPS stands at Rs 5.54 per share because of the inclusion of Advance Share Capital from Government. Its net worth per share is at Rs 113.19 and P/E ratio stands at 18.67 times. Q4 report.