HIDCL's Profit Drops by 30%

Hydroelectricity Investment and Development Company Limited (HIDCL) has published its second-quarter financial report for the fiscal year 2081/82. The company’s net profit has declined by 30.62% compared to the same period last year.

Net Profit

• This Year: NPR 522.3 million

• Last Year: NPR 752.7 million

• Decline: 30.62%

Financial Income

• This Year: NPR 758.6 million

• Decline of 29.59% compared to last year

Revenue from Contracts with Customers

• This Year: NPR 47.03 million

• Last Year: NPR 123 million

• Significant decline in contract-based income

• Paid-up Capital: NPR 24.55 billion

• Reserve Fund: NPR 3.47 billion

Earnings Per Share (EPS) Declines

• Last year's EPS: NPR 6.61

• This quarter's EPS: NPR 4.25

• Net worth per share: NPR 114.15

Market Value & Impact on Investors

• Market price per share: NPR 235

• Price-to-Earnings (P/E) Ratio: 55.26

• Total assets per share: NPR 180.51

HIDCL's financial performance in this quarter appears weaker, which may create pressure on investors. With declining financial income and reduced contract revenue, the company’s next quarter report will be crucial.