Rairang Hydropower publishes Q2 report posting net profit of Rs. 74.31 lakhs; EPS and Net worth per share stand at Rs 2.65 and Rs. 100.70 respectively

Rairang Hydropower Development Company Limited (RRHP) has published the unaudited Q2 report for the fiscal year 2075/76.

The company’s paid-up capital remains at Rs. 56 Crore. The reserves of the company are at Rs. 38.92 lakh from negative of Rs. 72.04 lakh in the corresponding quarter of FY 2074/75.

The investments of the company remain unchanged at Rs. 70 lakhs as compared to the same quarter of last fiscal year. The total revenue of the company increased by 380.69% to stand at Rs. 82.51 lakhs that consist of Rs. 16.67 lakhs from power sales.

The profit after tax of the company has also rose by 598.72% till the end of Poush to stand at Rs. 74.31 lakhs from previous Rs. 10.63 lakhs in the Q2 of FY 2074/75.

The EPS of the company stands at Rs 2.65 and the net worth per share stands at Rs. 100.70 compared with PE ratio of 37.35 times.

Q2 report