National Hydro Logs Negative Reserve

Oct 31, 2017 Merolagani

National Hydro (NHPC) has earned a net profit of Rs 9.5 million in the first quarter of the current FY. The company logged an excessive decline in its net profit compared to the net profit of the corresponding period in the last FY.

 

During the last FY, National Hydro earned a net profit of Rs 21.1 million. However, the net profit turns into a loss of Rs 55.7 million by the fourth quarter of the last FY.

The company with a paid-up capital of Rs 1.38 billion has earned a mere amount of Rs 53.7 million through power trade. Moreover, it has a negative reserve fund of Rs 420 million and loan of Rs 175.7 million.

National Hydro has logged EPS of Rs 2.75 and net worth per share of Rs 70

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