Api Power Raises Net Profit Significantly

Feb 09, 2025 10:46 AM Merolagani



Api Power Company (API) has published second quarter report of the current FY.

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

In the review period, the company earned net profit of Rs 311.6 million. The company had earned net profit of Rs 214.3 million in 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 sales income by 38.38 percent to Rs 858 million. Similarly, its total profit increased by 33.66 percent and operating profit by 229.11 percent. meanwhile, its financial expenses increased by 57.99 percent.

The company maintained EPS of Rs 10.26, net worth per share of Rs 109.18 and P/E ratio of 25.83 times.

The company with Rs 6.07 billion in paid-up capital has other equity of Rs 557.6 million.




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