Net profits of National Hydropower fall by 90% as per the Q3 report; total revenue stands at Rs.3.43 Crore

Mon, May 6, 2019 12:55 PM on Financial Analysis, Latest, Stock Market,

National Hydropower Company Limited (NHPC) has published the unaudited Q3 report for FY 75/76. The profit fell from Rs.2.38 Crore to Rs.22.19 Lakh by the end of the third quarter. The profits have fallen by more than 90% 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.41.30 Crore.

The investments of the company have increased from Rs.87.51 Lakhs to Rs.89.50 Lakhs. The borrowings (Loans) have fallen from Rs.15.58 Crore to Rs.11.70 Crore marking a fall of 25%. The current total revenue of the company is Rs.3.43 Crore, increased from Rs.2.96 Crore posted in the corresponding quarter of the previous year.

The annualized EPS of the hydropower company stands at Rs.3.56 with net worth per share of Rs.70.20. The quarterly report suggests that the PE Ration of the company stands at 19.97 times.