Nepal Hydro Developer reserves surges to Rs 1.368 crore; EPS & Net worth at Rs 17.12 & Rs 105.26 respectively

Nepal Hydro Developer Limited (NHDL) has posted net profit rise by 10.07% in the second quarter of the current FY 2074/75. According to the unaudited financial report published today, its net profit after bonus and tax has risen to Rs 2.22 crore in second quarter of fiscal year 2074/75 from Rs 2.20 crore in the second quarter of the previous fiscal year 2073/74. NHDL made an income of Rs 6.77 crore, mainly from selling electricity, by the end of the second quarter, decrease from Rs 6.80 crore in the corresponding quarter. . Its reserve fund has increased from Rs 10.04 lakh in the corresponding quarter of FY 2073/74 to Rs 1.368 crore in the second quarter of the FY 2074/75. Its paid up capital remains at Rs 26 crore. Its annualized earning per share (EPS) stands at Rs 17.12 (EPS till Q2 = Rs 8.56), its net worth per share at Rs 105.26 and P/E ratio stands at 25.94 times. Announcement: