Sanima Middle Tamor Hydropower Reports 104.59% Rise in Q1 Net Profit
Summary
Sanima Middle Tamor Hydropower Limited reported a 104.59% jump in first-quarter net profit for FY 2083/84, driven by higher power sales and operating profit. Earnings per share doubled to Rs. 12.89, while revenue from power sales rose 29.34%.
Key Points
- Sanima Middle Tamor Hydropower Limited reported first-quarter net profit of Rs. 42.97 crore, up 104.59% year-on-year.
- Revenue from power sales increased 29.34% to Rs. 74.33 crore, and operating profit rose 43.61% to Rs. 55.05 crore.
- Earnings per share doubled to Rs. 12.89, while net worth per share increased to Rs. 136.28.
- The company’s quarter-end market price stood at Rs. 574.90 per share, with a P/E ratio of 44.59 times.
