Union Hydropower posted net profit of Rs 1.14 crore for Q2 of 2076/77; Net worth per share at Rs 88.87

Wed, Feb 12, 2020 4:20 PM on Financial Analysis, Latest, Stock Market,

Union Hydropower Limited (UNHPL) has earned Rs 1.14 crore in net profit by the second quarter of the fiscal year 2076/77.

As per the unaudited financial report, the hydropower company has earned Rs 4.39 crore by selling electricity alone and Rs 4,726 from other sources.

The paid-up capital of the company stands at Rs.75 crore while the reserves stand at negative of Rs. 8.35 Crore. The long term borrowings of the company decreased to Rs. 16.83 crore by the end of the second quarter.

UNHPL Power has reported annualized EPS of Rs 3.06 and net worth per share of Rs 88.87. The P/E ratio was reported at 19.58 times.

Second Quarter Report