Net loss of Arun Kabeli decreases by huge margin; electricity sales yet to happen
Mon, Aug 13, 2018 2:29 AM on Financial Analysis, Latest, Stock Market,
Arun Kabeli Power Limited (AKPL) has reported a net loss in the fourth quarter of the FY 2074/75.
According to the unaudited financial report published today, its net loss after income tax has reached Rs 16.14 lakh in the fourth quarter of the current year from Rs 28.44 lakh loss of the corresponding quarter.
It made no income from selling electricity while its income from other sources amounted to Rs 13.66 lakhs in the fourth quarter.
The hydropower company’s net current assets stand at Rs 5.60 crore. Its share capital remains at Rs 1.50 arba with negative reserve of Rs 1.55 crore.
Its net worth per share stands at Rs 98.96 as per the fourth quarter report.
