Radhi Bidyut Company’s Profit Drops By 34 Percent [Q2 Report]

February 11, 2022 | Investopaper

Radhi Bidyut Company Limited (RADHI) has posted a net profit of Rs 3.2 crores until the second quarter of the current fiscal year 2078/79. As per the unaudited report, the profit has decreased by 34 percent as compared to the corresponding period of the previous fiscal year. Last year, the hydropower had earned Rs 4.86 crores during the same period.

As of Poush end 2078 BS, RADHI has a paid-up capital of Rs 64.64 crores with Rs 10.3 crores in reserve and surplus. The company has generated Rs 7.77 crores as income from sale of electricity.

Looking into per share ratios, the EPS stood at Rs 9.90 (annualized) while the per-share networth is at Rs 115.93.

The performance of RADHI is presented in the table below.

Radhi Bidyut Company Limited: Financial Highlights, Q2, FY 2078/79

Financial Indicators Q2, F.Y. 2078/79 Q2, F.Y. 2077/78 Percent Change
Paid-Up Capital  (Rs. ‘Crores’) 64.64 47.35 36.52
Reserve and Surplus (Rs. ‘Crores’) 10.3 23.07 -55.35
Income From Electricity Sales  (Rs. ‘Crores’) 7.77 8.51 -8.70
Net Profit  (Rs. ‘Crores’) 3.2 4.86 -34.16
Earnings Per Share, EPS (Rs.) 9.9
Net-worth Per Share (RS.) 115.93
Current Ratio 1.5
Market Price Per Share (Rs.) [Poush end, 2078 BS] 709
P/E Ratio 71.62

Source: Unaudited Q2 Report, FY 2078/79


Note:

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 Poush end, 2078 BS. At current, the numbers may vary. 

If you want to see the reports of other companies, Click Here.

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