Greenlife Hydropower Posts Rs 10.8 Million Profit in Q1 FY 2082/83

Bajarko Chirfar
Bajarko Chirfar
2082 Poush 30
Greenlife Hydropower Posts Rs 10.8 Million Profit in Q1 FY 2082/83

Greenlife Hydropower Limited has published its financial results for the first quarter of fiscal year 2082/83 (B.S.). According to the disclosed statement, the company earned a net profit of Rs 1 crore 8 lakh during the review period. This represents a 43.32% increase compared to the Rs 75 lakh 51 thousand net profit recorded in the corresponding quarter of the previous fiscal year.

During the review period, the company generated Rs 26 crore 75 lakh in revenue from electricity sales, up from Rs 23 crore 61 lakh in the same quarter last year. The improvement in profitability was also supported by a reduction in administrative expenses, which declined from Rs 57 lakh 39 thousand to Rs 42 lakh 73 thousand.

As per the financial statement, the companyтАЩs retained earnings stand at Rs 18 crore 58 lakh. The company has current assets of Rs 1 crore 23 lakh, while its current liabilities amount to Rs 49 crore 20 lakh. The company reported an earnings per share (EPS) of Rs 2.41, with a net worth per share of Rs 110.33.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.

 

 

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