Super Madi Hydropower Records Profit after Sales Increases

May 05, 2024 11:08 AM Merolagani

Super Madi Hydropower (SMHL) has published its third quarter report of the current FY.

As per the report, its sales has increased and it logged net profit during the period.

In the review period, the company earned net profit of Rs 90.2 million. In the corresponding period of the last FY, it had incurred loss of Rs 10.7 million.

Increase in sales income can be attributed to the occurrence of the net profit.

The company that earned Rs 13.2 million in sales in the review period of the last FY, earned Rs 945.5 million in current FY.

In the review period, it recorded financial expenses of Rs 567.9 million.

The company logged EPS of Rs 5.73 and net worth per share of Rs 105.16.

The company with Rs 2.10 billion in paid-up capital has reserve fund of Rs 108.4 million.

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