Greenlife Hydropower Net Profit Surges By 43.33%, Financial Costs Decline, EPS Reaches Rs. 2.41 in Q1 FY 2082/83
Summary
Greenlife Hydropower Limited posted a 43.33% increase in net profit for Q1 FY 2082/83, driven by reduced financial costs and a 13.30% rise in power sales revenue. EPS rose to Rs. 2.41 and the P/E ratio reached 101.45 times at quarter-end.
Key Points
- Greenlife Hydropower Limited's net profit rose by 43.33% to Rs. 1.08 Crore in Q1 FY 2082/83.
- Revenue from power sales increased by 13.30% to Rs. 26.75 Crores.
- Financial costs decreased by 37.83%, boosting profitability significantly.
- Earnings per share improved to Rs. 2.41 from Rs. 1.68, a 43.33% increase.
