National Hydropower Increases Net Profit by 368%

Nov 13, 2022 10:27 AM Merolagani



National Hydropower Company (NHPC) has published its first quarter report of the current FY. As per the report, its net profit has increased significantly compared to the corresponding period of the last FY.

In the review period, it has earned Rs 63.6 million from sales. The sales amount increased by 368.68 percent compared to Rs 13.5 million of the corresponding period of the last FY.

However, the net profit of  the company declined by 98.84 percent to Rs 6.8 million.

Increase in financial expenses can be attributed to the decline in net profit.

During the period, the company raised its paid-up capital of Rs 18.70 percent and reserve fund by 89.73 percent.

The company has EPS of Rs 1.66, P/E ratio of 97.91 times and net worth per share of Rs 101.36.

 

 




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