Net loss of Rs.21.54 Lakhs reported by Barun Hydropower Limited; EPS grows while net worth per share decreases

Tue, Apr 23, 2019 12:54 PM on Financial Analysis, Latest, Stock Market,

Barun Hydropower Company (BARUN) has published the unaudited Q3 report for the fiscal year 2075/76. The company’s paid-up capital remains unchanged at Rs.25.51 Crore compared to the corresponding quarter of the previous year. The reserves of the company is at Rs.2.53 Crore which previously was at Rs.1.78 Crore in the corresponding quarter of FY 2074/75.

The secured borrowings of the company have gone up to Rs.26.98 Crore. However, the investments of the company remain unchanged at Rs.9.46 Lakhs. The total revenue of the company stands at Rs.1.33 Crore which has grown from Rs.1.07 Crore posted in the corresponding quarter of last FY.

The company had posted a profit in the previous quarter, however by the end of the third quarter, the company reported a net loss of Rs.21.54 Lakhs.

The EPS of the company stands at Rs.9.95 and the net worth per share stands at Rs.109.95 compared to EPS of Rs.2.93 and net worth per share of Rs.110.79 posted in the second quarter of the current year. The PE Ratio stands at 9.55 times as per the report published.