Net profit of Synergy Power in line with that of the corresponding quarter of the previous year; net worth per share at Rs.83.15

Tue, Feb 12, 2019 1:51 PM on Financial Analysis, Latest, Stock Market,

Synergy Power Company Limited (SPDL) has posted a similar net profit in the second quarter of the current FY 2075/76 compared to the corresponding quarter of the last fiscal year. 

According to the unaudited financial report published, its net profit after income tax is negative Rs 11.79 crore in second quarter of fiscal year 2075/76 from negative Rs 11.80 crore in the second quarter of the previous fiscal year 2074/75.

It made a total income of Rs 11.36 crore, mainly from selling electricity, by the end of the second quarter. Its share capital remains at Rs 70 crore with a negative reserve of Rs 11.79 crore. Its unannualized earning per share (EPS) stands at Rs 2.58 and its net worth per share stands at Rs 83.15.