Super Madi Hydropower’s Net Profit Surges 55.92% to Rs. 17.44 Crore in Q1
Summary
Super Madi Hydropower Limited reported a 55.92% jump in net profit to Rs. 17.44 crore in the first quarter of FY 2083/84, driven by a sharp drop in financial costs. Revenue from operations declined slightly, while the company’s EPS rose and its quarter-end market price stood at Rs. 484 per share.
Key Points
- Super Madi Hydropower Limited posted a 55.92% rise in net profit to Rs. 17.44 crore in Q1 FY 2083/84.
- Operating revenue fell 3.55% year-on-year, but financial costs dropped 44.81%, supporting higher profitability.
- Annualized EPS increased 29.13% to Rs. 26.21, while net worth per share slipped 1.65% to Rs. 109.66.
- The company’s quarter-end market price was Rs. 484 per share and its P/E ratio stood at 18.47 times.
