Synergy Power Development reports decline in net profit in Q3; EPS at Rs. 11.39
Fri, May 21, 2021 9:28 AM on Latest, Financial Analysis,
Synergy Power Development Limited (SPDL) has posted a decine in net profit for the third quarter of the current FY 2077/78 compared to the corresponding quarter of the last fiscal year.
The net profit after tax prior to reserves adjustment stands at Rs.6.26 Crore in the third quarter of the fiscal year, which was Rs. 7.24 Crore in the corresponding quarter of the previous fiscal year 2077/78. The net profits have decreased by 8.78% compared to the previous year.
It made an income of Rs. 15.04 Crore, mainly from selling electricity, by the end of the third quarter. It was Rs. 16.80 Crore in the corresponding quarter of the previous year.
Its share capital remains at Rs. 73.32 Crore with a reserve of Rs. 6.34 crores. The project has long-term loans worth Rs. 67.67 Crore till the end of the third quarter, which was Rs. 58.05 Crore in the previous year’s corresponding quarter.
The earning per share (EPS) as of the quarter-end stands at Rs. 11.39 and its net worth per share stands at Rs.108.66.
Major Highlights:
|
Particulars |
Synergy Power Development Limited |
||
|---|---|---|---|
|
Q3, 2077/2078 |
Q3, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
733,250.00 |
700,000.00 |
4.75% |
|
Reserve & Surplus |
63,481.34 |
-777.44 |
- |
|
Plant and Property |
33,538.58 |
34,747.36 |
-3.48% |
|
Intangible Assets |
1,177,415.51 |
1,189,522.61 |
-1.02% |
|
Borrowings |
676,738.39 |
580,581.90 |
16.56% |
|
Revenue from Operations |
150,483.64 |
168,046.10 |
-10.45% |
|
Administrative Expenses |
6,156.88 |
4,695.96 |
31.11% |
|
Financial Expenses |
36,650.89 |
54,288.98 |
-32.49% |
|
Net Profit |
62,653.37 |
72,473.49 |
-13.55% |
|
Earnings per share (Rs.) |
11.39 |
13.80 |
- |
|
Net worth per share (Rs.) |
108.66 |
99.89 |
8.78% |
|
P/E Ratio (times) |
24.05 |
- |
- |
|
Current Ratio (times) |
2.93 |
- |
- |
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