Rairang Hydropower reports net profit of Rs 1.99 crore till Q2 of 2076/77; Annualized EPS at Rs 7.12

Sun, Feb 9, 2020 12:17 PM on Financial Analysis, Latest, Stock Market,

Rairang Hydropower Development Company Limited (RRHP) has published the unaudited Q2 report for the fiscal year 2076/77. The company’s paid-up capital stands at Rs.56 Crore. The reserves of the company are at Rs.2 crore, up from Rs.38.92 lakh in the corresponding quarter of FY 2075/76.

The total revenue of the company has increased to Rs.6.81 Crore in Q2. The profit after tax of the company has increased by 168.33% as of Q2 to stand at Rs.1.99 crore from Rs.74.31 Lakhs in the Q2 of FY 2075/76. After adjusting the reserves and surplus from previous year the net profit stands as Rs.2 crore.

The annualized EPS of the company stands at Rs.7.12 and the net worth per share stands at Rs.103.59 compared with PE ratio of 30.89 times.

Second Quarter Report