Manakamana Engineering Hydropower in profit

May 06, 2026 03:01 PM Merolagani



Manakamana Engineering Hydropower (MEHL) has published third quarter financial report of the current FY. According to the report, the company managed to earn profit compared to net loss of the corresponding period of the last FY.

  1. Profit and Income Trends

Net Profit: The company has earned a net profit of Rs 7.4 million in the third quarter of the current FY. The company had posted a net loss of Rs 18 million in the review period of the last FY.

Electricity sales income: The company has also seen improvement in the income from the sale of electricity. The company's income has increased to Rs 105.6 million in the third quarter of the current FY from Rs 91.3 million in the third quarter of the last FY.

Operating Profit: The operating profit of the company increased from Rs 34.8 million to Rs 44.7 million in the review period.

Paid up capital and reserve fund: The company has a paid-up capital of Rs 800 million. However, the company still has an accumulated loss of Rs 291.1 million.

  1. The State of Financial Indicators

The company has been generating power from its 5 MW Ghattekhola Small Hydropower Project since November 8, 2020.

 




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