Modi Energy Records Profit

Nov 05, 2026 10:35 AM Merolagani



Modi Energy (MEL) has published its first quarter report of the current FY.

As per the report, it has recorded net profit during the period.

In the review period, the company logged net profit of Rs 15.7 million compared to net loss of Rs 41.1 million of the corresponding period of the last FY.

Increase in sales income and decline in financial expenses can be attributed to the increase in net profit.

In the review period, the company logged increase in its sales income by 37.88 percent to Rs 146.3 million which was Rs 108.6 million during the reveiw period of the last FY.
Likewise, it logged operating profit of Rs 131.2 million.Meanwhile, its financial expenses declined to Rs 48.4 million.

The company maintained EPS of Rs 2.18 and net worth per share of Rs 58.73. The company with Rs 2.90 billion in paid-up capital has retained loss of Rs 1.19 billion.