Super Madi Hydropower's Net Profit Surged By 69.25% in Q2; Earns Over Rs. 67.28 Crore from Electricity Sales
Summary
Super Madi Hydropower Limited reported a 69.25% increase in net profit to Rs. 20.59 crore in Q2, earning over Rs. 67.28 crore from electricity sales with significant growth in reserves and surplus.
Key Points
- Super Madi Hydropower Limited's net profit surged by 69.25% to Rs. 20.59 crore in Q2 of fiscal year 2082/83.
- Income from power sales increased by 11.02% to Rs. 67.28 crore compared to the same quarter last year.
- Reserve and surplus rose by 131.03% to Rs. 34.74 crore year-on-year.
- The company's net worth per share increased to Rs. 115.76 and the quarter-end market price was Rs. 594.8.
