Mandakini Hydropower Increases Net Profit

Nov 17, 2024 10:17 AM Merolagani



Mandakini Hydropower (MHL) has published its first quarter report of the current FY.

As per the report, it raised its net profit during the period.

In the review period, the company earned net profit of Rs 28 million. The net profit increased by 16.94 percent compared to Rs 23.9 million of the corresponding period of the last FY.

Increase in sales and financial income helped to boost net profit during the period.

During the period, the company raised its sales income by 1.70 percent to Rs 44.3 million. Similarly, it total profit increased by 0.75 percent and financial income by 173.11 percent. meanwhile, its total expenses declined by 9.23 percent.

The company with Rs 615.9 million in paid-up capital has other equity of Rs 65.3 million. The company maintained EPS of Rs 18.19, net worth per share of Rs 110.60 and P/E ratio of 42.72 times.




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