Improved electricity sales and lower financial expenses drive partial recovery.
Manakamana Engineering Hydropower Limited has reported a net loss of Rs. 2.07 crore in the fourth quarter of fiscal year 2081/82, a significant improvement from the Rs. 4.16 crore loss recorded in the same period last year.
The reduction in loss is attributed to a 10.11% rise in electricity sales revenue and a 26.82% decrease in financial expenses. Additionally, the company’s total income increased by 7.29%, while other income surged by an impressive 833.75%, helping to offset operational shortfalls.
Despite the improved performance, the company remains in a negative retained earnings position, standing at Rs. 28.98 crore in deficit. As of the end of Ashadh, Manakamana’s paid-up capital stands at Rs. 80 crore.
The company’s earnings per share (EPS) remains negative at Rs. -2.60, while its net worth per share is recorded at Rs. 63.77.
This article was originally published on https://bajarkochirfar.com. Translated and restructured with AI support and editorial oversight.
