United Modi massive rise in net profit by 278.95% to Rs 4.18 crore; EPS & Net worth stands at Rs 3.64 & Rs 109.07 respectively

United Modi Hydropower Limited (UMHL) has posted massive rise in net profit by 278.95 % percent in the first quarter of the FY 2074/75. According to the unaudited financial report published today, its net profit after income tax has surged to Rs 4.18 crore in the first quarter of fiscal year 2074/75 from Rs 1.10 crore in the corresponding quarter of the previous fiscal year 2073/74. UMHL made regular income of Rs 9.71 crore by the end of the first quarter rising from Rs 7.17 crore in the corresponding quarter — rise by 35.40%. Its reserve fund amounts to Rs 10.42 crore from Rs 2.46 crore. UMHL’s earnings per share (EPS) stands at Rs 3.64 (annualized EPS = Rs 14.56), its net worth per share is at Rs 109.07 and P/E ratio stands at 71.15 times.