Net profits of Synergy Power Development stand at Rs.2.65 Crore by the end of the fourth quarter; total income rises to Rs.19.98 Crore

Synergy Power Development Limited (SPDL) has posted a rise in net profit for the fourth 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 prior to reserves adjustment stands at Rs 2.65 crore in fourth quarter of fiscal year, which was Rs 1.60 crore in the corresponding quarter of the previous fiscal year 2074/75.

It made a total income of Rs 19.98 crore, mainly from selling electricity, by the end of the fourth quarter.

Its share capital remains at Rs 70 crore with a negative reserve of Rs 10.94 crore. Its earning per share (EPS) stands at Rs 3.79 and its net worth per share stands at Rs 84.36. The PE Ratio stand at 23.74 times.