Bhagawati Hydropower's Net Profit Increases by 52%

Nov 06, 2026 01:11 PM Merolagani



Bhagawati Hydropower Development Company (BGWT) has publlished its first quarter financial report of the current FY.

 

C5# According to the report, the company has earned a net profit of Rs 24.5 million in the review period. The net profit increased by 52.82 percent compared to Rs 16 million of the corrresponding period of the last FY. 

Increase in income from the sale of electricity and income from other sources have played a major role in taking the profit of the company to this height.

In the review period, the company's income from the sale of electricity increased to Rs 41 million from Rs 39.2 million in the same period last year. In addition, the income from other sources has also increased to Rs 10.3 million, taking the total income to Rs 51.4 million. The company's financial expenses stood at Rs. 262.3 million and operating profit was satisfactory.

The company has paid-up capital of Rs 678.2 million and reserve fund of Rs 115 million. The company's annual EPS increased to Rs 14.48 and net worth per share stood at Rs 116.96.