Universal Power Company posts net profit of Rs.1.53 Crore till Ashwin end; total income stands at Rs.2.24 Crore

Universal Power Company Limited (UPCL) has published its first quarter report for the FY 2076/77 today.

According to the unaudited financial report, the hydropower shows a net profit after tax of Rs.1.53 Crore till the month of Ashwin. After adding the net profits of the previous year, the figure increased to Rs.5.80 Crore. The earnings before tax stand at Rs.2.04 Crore.

The total income of UPCL stands at Rs.2.24 Crore. However, the company has not yet started the commercial sale of electricity produced. The total expenses stand at Rs.19.56 Lakhs.

Its current paid-up capital stands at Rs.2.10 Arba with Rs.5.80 Crore as reserve fund. The long term loans of the hydropower company stand at Rs.1.05 Arba.

It has reported quarter end earnings per share of Rs.0.73 and net worth per share is at Rs.102.77. The PE ratio as per the report stands at 106.85 times.