Radhi Bidyut’s AGM on Ashad 24; to endorse 10% bonus share and 0.6% cash dividend

Radhi Bidyut Company Limited has announced its AGM for FY 2073/74 on Asadh 24, 2075. RADHI will endorse 10% bonus share along with 0.60% cash dividend (for tax purpose) among other agendas. For the purpose of the same, the book closure date has been set from Asadh 5 to Asadh 24, 2075. So the shareholders till Ashad 4, 2075 will be eligible for the bonus and to participate in the AGM.

RADHI had reported Rs 4.23 crore profit in the third quarter of the current fiscal year 2074/75. As per its Q3 report; the hydropower company has been able to earn Rs 10.80 crore as income from selling electricity and Rs 45.21 lakh as income from other sources.

The hydropower company has paid up capital of Rs 41 crore with Rs 13 crore as reserve and surplus.The earning per share (EPS) of the company stood at Rs 13.77 and net worth per share at Rs 131.72. The P/E ratio of RADHI is 14.45 times.

Radhi Bidyut Company Limited operates a 4.40 MW Radhi Small Hydropower Project in Lamjung district that has been generating electricity since Jestha 31, 2071 and is connected to the national grid.