Upper Solu Hydro’s Net Profit Surges 84.41% to Rs. 20.87 Crore in Q4
Summary
Upper Solu Hydro Electric Company Limited posted an 84.41% jump in net profit to Rs. 20.87 crore in the fourth quarter of fiscal year 2082/83. Earnings per share rose to Rs. 15.46 as other equity surged and administrative expenses edged down.
Key Points
- Upper Solu Hydro Electric Company Limited reported net profit of Rs. 20.87 crore in Q4 2082/83, up 84.41% year-on-year.
- Other equity grew sharply by 593.15% to Rs. 25.67 crore, while property, plant and equipment declined 3.68%.
- Revenue from electricity sales increased 1.97%, and administrative expenses fell 0.62%.
- EPS rose to Rs. 15.46 and net worth per share increased to Rs. 119.02, while the share price stood at Rs. 497 at quarter-end.
