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Upper Tamakoshi Hydropower Limited (UPPER) has reported a Net Profit of Rs. 86 crores in the first quarter (Q1) of the current FY 2078/79. The company earned Net Profit for the first time since the company has gone into full operation in last 2 months.
The company has finally gone into full operation with a project capacity of 456 MW.
UPPER has sold electricity worth Rs. 1.72 Arba in this quarter.
Its reserve fund stands at Rs. -20.08 crores with share capital at Rs 10.59 Arba.
The company sits in a liquidity position of 0.59 times. The acceptable ratio is 1.5 times.
Its annualized earnings per share stood at Rs. 32.48. The net worth per share at Rs 98.10 and the P/E ratio stood at 21.52 times.
Major Highlights:
| Particulars | Upper Tamakoshi Hydropower Limited | ||
|---|---|---|---|
| Q1 2078/79 | Q1 2077/78 | Difference | |
| Paid Up Capital | 10,590,000.00 | 10,590,000.00 | 0.00% |
| Retained Earnings | (200,891.24) | (719,353.42) | -72.07% |
| Property, Plant and Equipment | 86,203,030.04 | 78,229,879.07 | 10.19% |
| Loans and Advances | 45,000,000.00 | 41,333,098.12 | 8.87% |
| Cash and Cash Equivalents | 269,605.44 | 171,986.08 | – |
| Sale of Electricity | 1,727,751.94 | – | – |
| Other Income | 69.88 | 16.21 | – |
| Operation and Maintenance Expenses | 28,007.10 | 10,226.81 | 173.86% |
| Operating Profit | 1,366,366.38 | (7,187.95) | – |
| Net Profit | 860,019.04 | (17,801.74) | – |
| EPS (In Rs.) (Not Annualized) | 32.48 | (0.67) | – |
| Net Worth per Share (In Rs.) | 98.10 | 93.21 | 5.25% |
| Qtr End P/E Ratio | 21.52 | – | |
