Ridi Hydropower reports net profit of Rs 76.51 lakhs for Q3 of FY 2075/76; Annulized EPS stands at Rs 5.76 with a capital base of Rs 53.11 crore

Ridi Hydropower Development Company Limited (RHPC) has stated a rise in net profit by 5.99% in the third quarter (Q3) of the FY 2075/76.

According to the unaudited financial report published today, its net profit after income tax reached Rs 76.51 lakh in the Q3 of FY 2075/76 from Rs 72.18 lakh in the corresponding quarter of the previous fiscal year.

RHPC made the regular income of Rs 1.15 crore from sale of electricity by the end of the third quarter, which was Rs 1.16 crore in the corresponding quarter. It has also made Rs 10,292 from other sources in the Q3 of FY 2075/76.

Its paid-up capital stands at Rs 53.11 crore with the reserve of Rs 2.96 crore.

Its annualized EPS stands at Rs 5.76 and net worth per share is at Rs 105.57. Similarly, the P/E ratio stands at 260.99 times.

Q3 report