Solu Hydropower’s Profit Surges 33.83% to Rs. 1.11 Arba as Revenue Rises 24.46%
Summary
Solu Hydropower Limited’s net profit jumped 33.83% year-on-year to Rs. 1.11 Arba in the fourth quarter of FY 2082/83 as revenue rose 24.46% to Rs. 2.62 Arba. Earnings per share increased to Rs. 11.14, while the company’s shares traded at Rs. 509 with a P/E ratio of 45.70 times.
Key Points
- Solu Hydropower Limited posted a net profit of Rs. 1.11 Arba in Q4 of FY 2082/83, up 33.83% from the same period a year earlier.
- Revenue from operations rose 24.46% to Rs. 2.62 Arba, while EPS increased to Rs. 11.14.
- Loans and borrowings climbed 21.28% to Rs. 69.59 Crore, but financial costs declined significantly.
- The company’s share price stood at Rs. 509 at quarter end, with a P/E ratio of 45.70 times.
