June 13, 2023 | Investopaper
Green Ventures Limited (GVL) has posted a net profit of Rs 30.16 crores until the third quarter of the current fiscal year 2079/80. As per the unaudited report, the profit has increased by almost 350 percent as compared to the same period of the previous fiscal year. In FY 2078/79, the hydropower had earned Rs 6.71 crores during the same period.
As of Chaitra’s end 2079 BS, GVL has a paid-up capital of Rs 312.50 crores with Rs 20.80 crores in reserve and surplus. The company has generated Rs 121.98 crores as income from sale of electricity.
Looking into per share ratios, the EPS stood at Rs 9.65 while the per-share networth is at Rs 106.66.
Green Ventures is currently operating a 52.4 MW Likhu-IV Hydropower Project which began commercial electricity production from Karthik 21, 2078 BS.
The performance of GVL is presented in the table below.
Green Ventures Limited (GVL): Financial Highlights, Q3, FY 2079/80
|Financial Indicators||Q3, F.Y. 2079/80||Q3, F.Y. 2078/79||Percent Change|
|Paid-Up Capital (Rs. ‘Arba’)||3.12||3.12||0.00|
|Reserve and Surplus (Rs. ‘Arba’)||0.2||-0.13||–|
|Income From Electricity Sales (Rs. ‘Crores’)||121.98||60.65||101.12|
|Net Profit (Rs. ‘Crores’)||30.16||6.71||349.48|
|Earnings Per Share, EPS (Rs.)||9.65|
|Net-worth Per Share (RS.)||106.66|
|Market Price Per Share (Rs.) [Chaitra end, 2079 BS]||418.3|
|Return On Assets (%)||2.63|
Source: Unaudited Q3 Report, FY 2079/80
The above figures are based on the unaudited quarterly report published by the respective company. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.
The share price, as well as the P/E ratio, is based on the data of Chaitra end, 2079 BS. At current, the numbers may vary.
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