NRN Infrastructure reports 125.87% increment in net profit; EPS at Rs. 4.24
Tue, May 10, 2022 3:00 PM on Latest, Financial Analysis, Stock Market,
NRN Infrastructure and Development Limited (NRN) has published its third-quarter report of FY 2078/2079 with an increase in Net Profit by huge margin of 125.87%. The net profit of the company increased to Rs. 3.8 crores from Rs. 1.7 crores in the corresponding quarter of the previous year.
The company’s paid-up capital stood at Rs. 1.22 Arba and has a reserve and surplus of Rs. 8.8 crores.
The company has an investment in associates of Rs. 34.2 crores in Q3 of FY 2078/2079.
Major financial highlights
| Particulars (Rs in 000) | NRN Infrastruc1ture and Development Limited | ||
|---|---|---|---|
| Q3 2078/79 | Q3 2077/78 | Difference | |
| Paid Up Capital | 1,223,212 | 1,164,964 | 5.00% |
| Investment Revaluation Reserves | (7,591) | ||
| Other Equity (Retained Earnings) | 88,290 | 18,988 | 364.97% |
| Property, Plant and Equipment | 692 | 428 | 61.62% |
| Investment In Associates | 342,784 | 380,354 | -9.88% |
| Cash and Cash Equivalents | 433,684 | 111,725 | 288.17% |
| Total Revenue | 38,186 | 29,706 | 28.55% |
| Total Expenses | 6,025 | 3,454 | 74.44% |
| Net Profit | 38,878 | 17,213 | 125.87% |
| Annualized EPS (In Rs.) | 4.24 | 1.97 | 115.23% |
| Net Worth per Share (In Rs.) | 106.18 | 101.16 | 4.96% |
| Qtr End P/E Ratio | 146.23 | - | |
| Qtr End Price | 620 | - | |
