The hydro power company whose revenue from operations increased by 0.89% while net profit by 35.84%: UMHL
Wed, Aug 15, 2018 5:14 AM on Financial Analysis, Latest, Stock Market,
United Modi Hydropower Limited (UMHL) has posted decent rise in net profit by 35.84% percent in the fourth quarter of the FY 2074/75.
According to the unaudited financial report published today, its net profit after income tax has surged to Rs 6.63 crore in the fourth quarter of fiscal year 2074/75 from Rs 4.88 crore in the corresponding quarter of the previous fiscal year 2073/74.
UMHL earned revenue from operation of Rs 30.41 crore by the end of the fourth quarter rising from Rs 30.14 crore in the corresponding quarter — slight rise by 0.89%.
Its reserve fund amounts to Rs 7.12 crore from Rs 6.24 crore.
UMHL’s earnings per share (EPS) stands at Rs 5.77 and its net worth per share is at Rs 106.20
