National Hydropower posts profit of Rs.2.58 Crore for the first quarter; other indicators show satisfactory results

Mon, Nov 12, 2018 12:00 PM on Financial Analysis, Latest, Stock Market,

National Hydropower Company Limited has published the unaudited Q1 report for FY 75/76. The company’s paid up capital remains unchanged compared to the corresponding quarter of the previous year at Rs.1.38 Arba. The company posted negative reserve of Rs.42.37 Crore marking a fall of 0.80% compared to previous year.

The investment of the company have considerably increased from Rs.1.51 Lakhs to Rs.87.51 Lakhs. The borrowings have fallen from Rs.17.57 Crore to Rs.13.60 Crore marking a fall of 22.6%. The current total revenue of the company is Rs.6.43 Crore, increased by almost 20% compared to corresponding quarter of the previous year.

Both the profit after tax and EPS have shown an increase of 171.6% at the end of the first quarter. The profit grew from Rs.95.29 Lakhs to Rs.2.58 Crore while the EPS grew from Rs.2.75 to Rs.7.47. The net worth per share stands at Rs.69.42, which was previously at Rs.70.

Highlights

Particulars (In Rs '000)

Q1 75/76

Q1 74/75

Difference

Paid Up Capital

1,385,911.20

1,385,911.20

0.00%

Reserves and Surplus

(423,774.83)

(420,404.23)

0.80%

Borrowings

136,009.39

175,702.20

-22.59%

Investment

8,751.70

151.70

5669.08%

Total Revenue

64,346.09

53,776.27

19.66%

Profit After Tax

25,882.71

9,529.51

171.61%

EPS (In Rs)

7.47

2.75

171.64%

Net Worth Per Share (In Rs)

69.42

70.00

-0.83%