Bindhyabasini Hydro Power Company’s Profit Declines by 6.77%, Slight Improvement in Electricity Sales

Bindhyabasini Hydro Power Development Company Limited has reported a net profit of NPR 63.35 million for the third quarter of the current fiscal year, a 6.77% decrease compared to the same period last year. Last year, the company earned a net profit of NPR 71.1 million.

The company’s revenue from electricity sales increased slightly from NPR 30.67 million to NPR 30.74 million. Financial expenses have decreased from NPR 104.4 million to NPR 10.8 million. However, an increase in maintenance costs for machinery led to a reduction in profit.

The company has a paid-up capital of NPR 1.12 billion, with additional equity of NPR 11.46 million. The earnings per share (EPS) stand at NPR 5.87, and the net worth per share is NPR 110.15.