NHPC reports a net profit of Rs 6.27 crore; reserve fund increases to Rs 30.93 crore

ShareSansar July 31:

National Hydro Power Company Limited (NHPC) has posted a meager decline in net profit in the fourth quarter of the fiscal year 2071/72 as compared to the net profit of Fiscal Year 2070/71.

The net profit of the hydropower company stood Rs 6.27 crore whereas it was at 6.72 crore in the fiscal year 2070/71.

A positive aspect of the financial report is that its reserve fund has risen to Rs 30.93 crore in the fourth quarter report up from Rs 16.72 crore in the 2070/71 FY unaudited report.

NHPC sales income during the same period stood at Rs 19.10 crore compared to Rs 17.98 crore in the fiscal year 2070/71.

Meanwhile, the cost of production has increased to Rs 5.09 crore, up from Rs 3.18 crore in the fiscal year 2070/71.

Its EPS (annualized) stands at Rs 4.53, net worth per share is Rs 120.11 and P/E ratio is 25.60 times.