Ngadi Group Power reports net profit of Rs 4.41 crore for Q2 of 2076/77; Revenue from sale of electricity at Rs 8.47 crore

Wed, Feb 12, 2020 4:55 PM on Financial Analysis, Latest, Stock Market,

Ngadi Group Power Limited (NGPL) has reported an increase in net profit in the second quarter of the FY 2076/77.

According to the unaudited financial report published, the net profit has increased to Rs.4.41 Crore from Rs.3.84 Crore in the corresponding quarter of the previous fiscal year 2075/76.

NGPL has made an income of Rs.8.47 Crore from power sale by the end of the second quarter of FY 2076/77. Its retained earnings amount to Rs. 10.89 Crore till Q2 of FY 2076/77 and its share capital stands at Rs.53.55 Crore.

The company has consortium loans of Rs.28.05 Crore and has an investment of Rs.15.32 Crore.

Its annualized earnings per share (EPS) stands at Rs.16.48, net worth per share is Rs.120.35 and P/E ratio is at 6.18 times.

Second Quarter Report