Synergy Power Development Limited (SPDL) has posted a net profit rise of 23.96% percent in the fourth quarter of the last fiscal year 2073/74.
According to the unaudited financial report published today, its net profit after income tax has increased to Rs 1.75 crore in the fourth quarter of fiscal year 2073/74 from Rs 6.45 crore loss in the same quarter of the previous fiscal year 2072/73.
SPDL made an income of Rs 21.27 crore, mainly from selling electricity, by the end of the fourth quarter, rising from Rs 3.03 crore in the corresponding quarter — tremendous rise by 601.12%.
The company’s operating profit has escalated to Rs 1.78 crore in Q4 from loss of Rs 6.45 crore in the corresponding quarter of previous year.
Its reserve fund is still in negative of Rs 14.96 crore and paid up capital stand at Rs 70 crore.
SPDL’s earnings per share (EPS) stands at Rs 2.50 only, net worth per share is at Rs 78.62 and P/E ratio stands at 97.2 times.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Growth (%) |
| Paid Up Capital |
700,000 |
420,000 |
66.67 |
| Reserve and Surplus |
(149,638) |
(153,619) |
2.59 |
| Loans and Advances |
92,224 |
10,170 |
806.78 |
| Income from Sale of Electricity |
212,788 |
30,350 |
601.12 |
| Operating Profit |
17,889 |
(64,592) |
127.69 |
| Net Profit |
17,531 |
(64,592) |
127.14 |
| EPS (Annualized) |
2.50 |
(15.38) |
116.28 |
| Networth Per Share |
78.62 |
63.42 |
23.96 |
| P/E Ratio |
97.20 |
- |
|
