United Modi massive rise in net profit by 74.91% to Rs 5.49 crore; EPS & Net worth stands at Rs 4.78 & Rs 105.20 respectively

United Modi Hydropower Limited (UMHL) has posted outstanding rise in net profit by 74.91% percent in the second quarter of the FY 2074/75. According to the unaudited financial report published today, its net profit after income tax has surged to Rs 5.49 crore in the second quarter of fiscal year 2074/75 from Rs 3.14 crore in the corresponding quarter of the previous fiscal year 2073/74. UMHL made regular income of Rs16.80 crore by the end of the second quarter rising from Rs 14.97 crore in the corresponding quarter — rise by 12.26%. Its reserve fund amounts to Rs 5.98 crore from Rs 4.49 crore. UMHL’s earnings per share (EPS) stands at Rs 4.78 (annualized EPS = Rs 9.56) and its net worth per share is at Rs 105.20. Q2 Report