Decrease in its income through sale of electricity pulled its net profit down in the review period. The company that earned Rs 369.5 million through the sale of the electricity in the review period of the last FY earned Rs 361.6 million in the Q1 of the current FY.
As per the company, the income from sale of electricity decreased by Rs 7.9 million i.e. 2.14 percent during the review period.
Apart from decrease in the income of electricity, increase in operating expenses and administrative expenses also played a vital part in the decrease in the profit.
During the period, the EPS of the company also decreased to Rs 27.03 compared to Rs 35.86 of the last FY.
Moreover, the interest income of the company has increased by 150 percent to Rs 16 million which was Rs 6.4 million in the last FY.
The company with Rs 3.96 billion in paid-up capital has net worth per share of Rs 231.20 and P/E ratio of 26.64 times.
