Nepal Hydro Developer sets a net profit of Rs 1.91 crores;  Sales from electricity decreased to 9.40 crores

Nepal Hydro Developer Limited (NHDL) has posted a net profit of Rs. 1.91 crore till the fourth quarter of the current FY 2075/76.

According to the unaudited financial report published today, its net profit after bonus and tax has decreased by 2.55% from Rs 1.96 crore in the fourth quarter of the last FY 2074/75.

NHDL's income from sales of electricity also decreased to Rs 9.40 crore in this quarter from Rs 10.72 crore in the corresponding quarter of last fiscal year.

It's paid up capital stands at Rs 26 crore and its reserve fund has increased from Rs 1.10 crores in the corresponding quarter of FY 2074/75 to Rs 3.02 crore in the fourth quarter of the FY 2075/76.

The Company's EPS stands at Rs 7.37, net worth per share at Rs 111.63 and P/E ratio at 15.60 times.