Rasuwagadhi Hydropower's net loss rises to Rs 2.10 crore; Net worth below par at Rs 97.57

Rasuwagadhi Hydropower Company Limited (RHPL) has reported a net loss of Rs.2.10 Crore in the Q2 of FY 2076/2077. The company had posted a net profit of Rs.1.49 Crore in the corresponding quarter of the last fiscal year.

The company's reported depreciation stands at Rs.18.73 Lakhs and administrative and operating expenses at Rs.2.44 Crore in Q2 of FY 2076/2077.

The hydropower company has a paid-up capital of Rs.6.15 Arba with a negative reserve of Rs.14.97 Crore in Q2 of FY 2076/2077. The long term borrowings of the company stand at Rs.4.39 Arba.

The EPS of the company stand in negative territory by the end of the second quarter. The net worth per share was reported at Rs.97.57.

Second Quarter Report