Backed by Bank Interest Rates, Butwal Power’s Net Profit Increases

Feb 08, 2023 09:52 AM Merolagani

Butwal Power Company  (BPCL) has published its second quarter report of the current FY. As per the company’s report, the net profit of the company has increased during the period compared to the corresponding period of the last FY.

In the review period, the company earned a net profit of Rs 228.7 million. The net profit increased by 26.03 percent compared to the review period of the last FY.

Increase in financial income due to increase in bank interest rates can be attributed to the increase in the net profit.

The financial income of the company increased by 15.49 percent to Rs 57.3 million compared to Rs 49.6 million of the last FY.

During the period, its revenue from sales increased by 2 percent to Rs 431.5 million.

Increase in net profit pulled its EPS up to Rs 13.42. the company logged net worth per share of Rs 204.64 and P/E ratio of 24.73 times.

The company with Rs 3.40 billion in paid-up capital has other equity of Rs 3.56 billion.

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