Barun Hydropower Records 341.64% Growth in Net Profit

Aug 11, 2023 11:37 AM Merolagani



Barun Hydropower  (BARUN) has published its fourth quarter report of the last FY. As per the company’s report, the net profit of the company has increased hugely during the period compared to the corresponding period of the previous FY.

In the review period, the company earned a net profit of Rs 11.2 million. The net profit increased by 341.64 percent compared to  Rs 2.5 million of the review period of the previous FY.

Although the company recorded decrease in sales, huge increase in non-operating profit boosted its net profit during the period.

During the period, its revenue from sales decreased by 15.19 percent to Rs 79.7 million compared to Rs 93.9 million of the last FY.

During the period, its non-operating income increased by 297.38 percent to Rs 18 million which helped to increase its net profit.

Along with its net profit, its EPS increased by Rs 1.14  to Rs 2.09. The company logged P/E ratio of 119.12 times and net worth per share of Rs 112.06.

The company with Rs 535.8 million in paid-up capital has reserve fund of Rs 64.6 million.




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