HIDCL has posted increase in net profit by 38.77% in Q4

financial reports

Hydroelectricity Development and Investment Company Limited (HIDCL) has published its Fourth Quarter Report of FY 2075/76. It has reported raise in net profit by 38.77% in comparing period.

As per the published report, net profit after tax increase to Rs.1.12 arba in the fourth quarter of FY 2075/76 from Rs.80.81 crore in same period of FY 2074/75.

Its revenue from contract with customers of Rs.92.31 lakh, finance income Rs.1.73 arba and dividend income of Rs.10.77 crore.

It has made expanse of Rs.10.37 crore fro employees and Rs.39.52 crore for administrative expanses.

Its paid up capital is Rs.11 arba with retained earning of Rs.1.40 arba.

It has made investment of Rs.34.90 crore in equity, Rs. 8 crore on corporate bonds, Rs.2.33 arba loan to power projects. It has 14.60 arba of terms deposit with banks.

Annualized earning per share raise to 10.19 from Rs.8.08 & net worth per share is Rs.108.50 and PE ratio stand at 15.79 times.

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