Ngadi group power posted increased in net profit of 14.16% in Q4

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ngadi group power

Ngadi group power posted increased in net profit of 14.16% in the fourth quarter of fiscal year 2074/75.

As per the published report, net profit after tax increased to Rs.5.86 crore in this Q4 from Rs.5.13 crore in the corresponding quarter of last year.

Major income of hydropower is from power sales. Income from power sales meagerly rose to Rs.14.03 crore from Rs.13.98 crore in the comparing period. Income from other sources is Rs.1.07 crore in Q4 of from Rs.97.34 lakh in Q4 of FY 2073/74.

Operating profit surge to Rs.12.95 corre from Rs.11.89 crore in comparing period. Operating profit surged by 8.90%.

Its paid up capital is Rs.53.55 crore with reserve fund of Rs.5.98 crore.

Annualized earning per share is Rs.10.95 & net worth per share is Rs.111.18. PE ratio stands at 14.88 times.

It has announces 10% dividend to its shareholders & AGM