Radhi Hydropower Earns Net Profit of Rs 42.3 Mn

May 22, 2018 Merolagani

Radhi Hydropower Company (RADHI) has earned a net profit of Rs 42.3 million in the third quarter of the current FY. The company earned Rs 108 million from sale of electricity.

In the review period, the company spent Rs 69.1 million in various expenses including Rs 11.7 million in administration expenses, Rs 15.3 million in depreciation, Rs 29.5 million in interest expenses and Rs 8.6 million in a proposed dividend to employees.

The company has authorized capital of Rs 1.50 billion and paid-up capital of Rs 410 million. It has maintained a reserve fund of Rs 130 million.

Radhi Hydropower has EPS of Rs 13.77, net worth per share of Rs 131.72 and liquidity ratio of 3.19 percent.

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