See the performance of Chhyangdi Hydropower, Synergy Hydropower and Kalika Power Company for third quarter of FY 2075/76

Tue, May 14, 2019 1:48 PM on Financial Analysis, Latest, Stock Market,

Chhyangdi Hydropower Limited (CHL) has reported a 169.51% rise in profit in the third quarter of the FY 2075/76.

According to the unaudited financial report published today, its net profit amounts to Rs 1.41 crore which was Rs 52.41 lakh in the corresponding quarter of FY 2074/75.

It earned Rs 4.15 crore as income from electricity sales to NEA, that amounted Rs. 4.2 crore in the same quarter of the previous fiscal year.

Its share capital remains at Rs 27 crore. The reserve fund of the company has increased to Rs 1.41 crore in the third quarter, which has increased from the corresponding quarter’s of Rs 52.41 lakh.

Its earning per share stands at Rs 2.64 and net worth per share is Rs 105.23 with a PE ratio of 38.20 times.

Q3 report

Synergy Power Company Limited (SPDL) has posted a decline net profit for the third quarter of the current FY 2075/76 compared to the corresponding quarter of the last fiscal year. 

According to the unaudited financial report published, its net profit after income tax prior to reserves adjustment stands at Rs 1.36 crore in third quarter of fiscal year, which was Rs 2.14 crore in the corresponding quarter of the previous fiscal year 2074/75.

It made a total income of Rs 14.85 crore, mainly from selling electricity, by the end of the third quarter.

Its share capital remains at Rs 70 crore with a negative reserve of Rs 12.2 crore. Its earning per share (EPS) stands at Rs 1.95 and its net worth per share stands at Rs 82.52.

Q3 report

Kalika Power Company Limited (KPCL) has posted a profit after income tax of Rs 81.7 lakh in the third quarter (Q2) of FY 2075/2076.

According to an unaudited financial report published today, the company has made Rs 13.62 crore by selling electricity till the end Q3 of FY 2075/2076 which has increased compared to income of worth Rs 12.5 crore in the corresponding quarter of last FY 2074/2075. However, the cost of sale has increased to Rs 1.09 crore from Rs 70 lakhs in the corresponding quarter of the last year.

The company's income after tax has increased from Rs 1.12 crore in Q3 of FY 2074/75 to Rs 2.33 crore in Q3 of the current fiscal year. Its share capital remains at Rs 60 crore and a reserve has increased to Rs 81.7 lakhs in a current fiscal year from negative Rs 62.4 lakhs in the corresponding quarter of last fiscal year.

An annualized EPS of the company stands at Rs 5.18, Net worth per share stands at Rs 101.36 and a P/E ratio of the company is 17.56 times.

Q3 report