Radhi Vidhyut Raises Net Profit by 83.42%

May 14, 2023 12:03 PM Merolagani

Radhi Vidhyut Company (RADHI) has published its third quarter report of the current FY.

As per the company’s report, its net profit has increased compared to the corresponding period of the last FY.

In the review period, the company earned a net profit of Rs 86.4 million, a growth  of 83.42 percent compared to  Rs 47.1 million of the review period of the last FY.

Increase in financial income and other income can be attributed to the increase in net profit.

The company earned Rs 108.2 million from sales. The sales income declined by 0.98 percent compared to Rs 109.3 million of the corresponding period of the last FY.

The company logged 1.07 percent increase in its net profit and 48.48 percent in other income. Its financial income increased from 2.2 million to Rs 47.7 million during the period.

The company logged EPS of Rs 6.87, net worth per share of Rs 120.10 and P/E ratio of 38.26 times.

The company with Rs 1.67 billion in paid-up capital has other equity of Rs 336.8 million.


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