Makar Jitumaya Suri Hydropower's Net Profit Increases Significantly

Nov 17, 2024 11:20 AM Merolagani



Makar Jitymaya Hydropower (MAKAR) has published first quarter report of the current FY.

As per the report, its net profit increased significantly during the period.

In the review period, the company earned a net profit of Rs 56.1 million which is 136.03 percent compared to Rs 23.7 million of the corresponding period of the last FY.

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

During the period, the company raised its sales income by 103.25  percent to Rs  137.7 million. Similarly, its total income increased by 104.17 percent and operating profit by 101.66 percent. likewise, its financial expenses increased by 72.09 percent.

Along with profit, its EPS increased by Rs 17.02 to Rs 29.54. the company maintained net worth per share of Rs 105.53 and P/E ratio of 16.17 times.

The company with Rs 760 million in paid-up capital has retained earning of Rs 42.2 million.




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