United Modi registers rise in net profit of 20.41% in the third quarter; EPS and Net Worth stand at Rs 4.91 and Rs 105.34 respectively

United Modi Hydropower Limited (UMHL) has posted decent rise in net profit by 20.41% percent in the third quarter of the FY 2074/75.

According to the unaudited financial report published today, its net profit after income tax has surged to Rs 5.64 crore in the third quarter of fiscal year 2074/75 from Rs 4.68 crore in the corresponding quarter of the previous fiscal year 2073/74.

UMHL made regular income of Rs 22.67 crore by the end of the third quarter rising from Rs 21.37 crore in the corresponding quarter — slight rise by 6.08%.

Its reserve fund amounts to Rs 6.13 crore from Rs 6.04 crore.

UMHL’s earnings per share (EPS) stands at Rs 4.91 (annualized EPS = Rs 6.54) and its net worth per share is at Rs 105.34.