National Hydropower Q3 earning surges by impressive 63.86%; Sales to NEA drop by 8.94%
Thu, Apr 28, 2016 10:25 AM on Latest, Financial Analysis, Featured, Stock Market,
National Hydropower Company Limited (NHPC) has reported 63.86 percent rise in net profit for the third quarter of the current fiscal year 2072/73.
Publishing the unaudited financial report for the third quarter today, the hydropower company has stated its net income has risen to Rs 7.01 crore in third quarter of fiscal year 2072/73 up from Rs 4.27 crore in the corresponding quarter of the previous fiscal year 2071/72.
NHPC made sales of Rs 13.08 crore, mainly from selling electricity, in the third quarter, down from Rs. 14.37 crore in the corresponding quarter — drop by 8.94%.
The company’s operating profit has also surged to Rs 9.99 crore in Q3 from Rs 9.43 crore in the corresponding quarter of previous fiscal year.
Its reserve fund has increased from Rs 24.66 crore in the corresponding quarter of FY 2071/72 to Rs 46.54 crore in the Q3 of FY 2072/73.
The company has made investment in shares of Rs. 35 crore. It’s paid up share capital remains at Rs. 1.38 arba.
It’s annualized Earning per Share (EPS) stand at Rs. 6.75, net worth per share stand is at Rs 133.58 and P/E ratio at 25.18 times.
Publishing the unaudited financial report for the third quarter today, the hydropower company has stated its net income has risen to Rs 7.01 crore in third quarter of fiscal year 2072/73 up from Rs 4.27 crore in the corresponding quarter of the previous fiscal year 2071/72.
NHPC made sales of Rs 13.08 crore, mainly from selling electricity, in the third quarter, down from Rs. 14.37 crore in the corresponding quarter — drop by 8.94%.
The company’s operating profit has also surged to Rs 9.99 crore in Q3 from Rs 9.43 crore in the corresponding quarter of previous fiscal year.
Its reserve fund has increased from Rs 24.66 crore in the corresponding quarter of FY 2071/72 to Rs 46.54 crore in the Q3 of FY 2072/73.
The company has made investment in shares of Rs. 35 crore. It’s paid up share capital remains at Rs. 1.38 arba.
It’s annualized Earning per Share (EPS) stand at Rs. 6.75, net worth per share stand is at Rs 133.58 and P/E ratio at 25.18 times.
