Net profits of National Hydropower Company fall to Rs.2.37 Crore in the first quarter; borrowings decrease by 28%

National Hydropower Company Limited (NHPC) has published the unaudited Q1 report for FY 76/77. The profit fell from Rs.2.58 Crore to Rs.2.37 Crore by the end of the first quarter. The profits have decreased by 8.18% compared to the corresponding quarter of the previous year.

The company’s paid up capital remains unchanged compared to the corresponding quarter of the previous year at Rs.1.38 Arba. The company has negative reserve of Rs.38.10 Crore.

The investments of the company have increased from Rs.87.51 Lakhs to Rs.3.74 Crore. The borrowings (Loans) have fallen from Rs.13.60 Crore to Rs.9.76 Crore marking a fall of 28.21%. The current total revenue of the company is Rs.6.64 Crore, increased from Rs.6.43 Crore posted in the corresponding quarter of the previous year.

The annualized EPS of the hydropower company stands at Rs.3.54 with net worth per share of Rs.72.50. The quarterly report suggests that the PE Ratio of the company stands at 14.95 times.