Sanima Mai Hydropower Reports 53.33% Decline in Net Profit for Q2 FY 2082/83
Summary
Sanima Mai Hydropower Limited reported a 53.33% decline in net profit for Q2 FY 2082/83, with net profit falling to Rs. 12.56 crore from Rs. 26.91 crore the previous year.
Key Points
- Sanima Mai Hydropower Limited's net profit declined by 53.33% in Q2 FY 2082/83 compared to the previous year.
- Net profit dropped to Rs. 12.56 crore from Rs. 26.91 crore in the corresponding quarter of the prior fiscal year.
- Revenue from power sales decreased by 45.81% to Rs. 22.02 crore during the quarter.
- Annualized earnings per share (EPS) declined to Rs. 6.72 from Rs. 15.84.
- The company's paid-up capital increased by 10% to Rs. 3.73 Arba.
- Price-to-earnings (P/E) ratio stood at 82.13 times with a quarter-end market price of Rs. 552 per share.
