Third quarter report of Ngadi Power reports minimal growth of 6.38%; EPS stands at Rs 10.76

Ngadi Group Power Limited (NGPL) has stated slight rise in net profit by 6.38 percent in the third quarter of the FY 2074/75.

According to the unaudited financial report published today, its net profit before income tax has surged to Rs 4.32 crore in the third quarter of fiscal year 2074/75 from Rs 4.06 crore in the corresponding quarter of the previous fiscal year 2073/74.

NGPL has made regular income of Rs 10.99 crore by the end of the third quarter rising from Rs 10.43 crore in the corresponding quarter — rise by 5.40 %.

Its reserve fund amounts to Rs 4.45 crore from Rs 4.17 crore. Its paid up capital stands at Rs 53.55 crore and after adjustment of 30% right shares, it will reach to Rs 69.62 crore.

Its annualized earnings per share (EPS) stands at Rs 10.76, net worth per share is at Rs 108.53 and P/E ratio at 18.47 times.