Api Power’s Sales Exceeds Rs 1 Bn

Aug 14, 2024 11:50 AM Merolagani



Api Power Company (API) has published fourth quarter report of the last FY.

As per the report, it logged sales income exceeded Rs 1 billion in the last FY.

During the period, it earned sales income of Rs 1.24 billion. The sales income increased by 179.58 percent compared to Rs 338.3 million of the previous FY.

In the review period, it earned net profit of Rs 456.5 million which is 932.11 percent growth compared to Rs 44.2 million of the previous FY.

In the review period, its total profit increased by 211.60 percent, operating profit by 299.24 percent and financial expenses by 137.33 percent.

Along with its net profit, its EPS increased by Rs 6.82 to Rs 7.89. The company maintained net worth per share of Rs 109.73 and P/E ratio of 24.21 times.

The company with Rs 5.78 billion in paid-up capital has other equity of Rs 563.1 million.




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