Radhi Bidhuyt reports meager decline in revenue due to frequent problem in transmission line; Net Profit increases by small margin

Radhi Bidhyut Company Limited (RADHI) has published the unaudited first-quarter report for FY 2077/2078. As per the report, the net profit of the company increased to Rs. 2.57 crores which is an increment of meager 4.12% as compared to the corresponding quarter of the previous year.

The company’s paid-up capital stood at Rs. 47.35 crores. Similarly, the company has Rs. 20.90 crores as reserves and surplus.

The company’s revenue decreased by a meager 3.51% to Rs. 4.52 crores in the first quarter.  This is mainly because of the frequent problems in the transmission line. The company reported an operating profit of Rs. 3.27 crores.

The company sits at a liquidity position of 1.75 times signifying that the company won’t be having any problem in paying out the short-term obligations.

The annualized EPS of the company stood at Rs. 21.71 and Net worth per share stood at Rs. 144.14. The company traded at a P/E multiple of 12.57 times.

Click here for the Q1 report

Financial Highlights: