Radhi Bidhyut's net profit goes up by 23% in Q1 of 2076/77; Net worth per share at Rs 204.6

Radhi Bidyut Company Limited (RADHI) has earned a net profit of Rs 2.46 crore in the Q1 of FY 2076/77. The profit of the company has increased by 23.97% in this quarter compared to the corresponding quarter of the last fiscal year.

As per the unaudited report published today, the income from sales of electricity has increased to Rs 4.68 crore in Q1 of FY 2076/77 from Rs 4.36 crore in the corresponding quarter of the last fiscal year.

The company's generation & distribution and financial (interest) expenses are Rs 38.96 lakh and Rs 93.96 lakh respectively in Q1 of FY 2076/77. The operating profits of the company stand at Rs 3.36 crore.

The Hydropower Company has a paid-up capital of Rs 47.35 crore with a reserve of Rs 13.38 crore in Q1 of FY 2076/77. The long term borrowings of the company fell from Rs 30.78 crore to Rs 26.90 crore by the end of the first quarter.

The annualized EPS of the company stands at Rs 20.86 by the end of the first quarter. The net worth per share was reported at Rs 204.60 while The PE Ratio stands at 14.09 times.

First Quarter Report