The net profit increased by Rs 4.2 million compared to the corresponding period of the last FY. The rise in net profit is attributed to increased sale and decreased expenses.
In the first quarter, the company earned Rs 32.4 million from sale of electricity that increased by Rs 1.1 million compared to the review period of the last FY.
Similarly, the operating and administrative expenses of the company decreased to Rs 4.2 million during the period.
The company with Rs 255.1 million in paid-up capital has reserve fund of Rs 25.6 million.