Ingwa Hydropower Limited has returned to profitability in the second quarter of the current fiscal year (FY 2082/83), reporting a net profit of NPR 1.35 crore. In contrast, the company had recorded a loss of NPR 29.96 lakh during the same period of the previous fiscal year.
The profit turnaround is primarily attributed to an increase in electricity sales revenue and a reduction in financial expenses. Electricity sales rose from NPR 13.01 crore in the previous year to NPR 15.50 crore in the review period, while financial expenses declined from NPR 7.02 crore to NPR 5.96 crore.
During this period, the company’s earnings per share (EPS) stood at NPR 4.50, with a net worth per share of NPR 98.02 and a price-to-earnings (P/E) ratio of 121.45.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
