Snow Rivers Limited Posts 241.50% Rise in Net Profit in Q4 With an Eps at Rs.11.93
Summary
Snow Rivers Limited posted a 241.50% jump in fourth-quarter net profit to Rs. 11.18 crore, driven by a 101.95% rise in revenue from electricity sales. Earnings per share climbed to Rs. 11.93, while the company’s quarter-end share price stood at Rs. 779.
Key Points
- Snow Rivers Limited reported net profit of Rs. 11.18 crore in Q4 of FY 2082/83, up 241.50% from the same quarter last year.
- Revenue from electricity sales rose 101.95% to Rs. 37.75 crore.
- EPS increased to Rs. 11.93 from Rs. 4.37, while quarter-end market price was Rs. 779 and the PE ratio was 65.31 times.
- Financial costs and administrative expenses also increased, even as loans and borrowings declined slightly.
