Butwal Power Company profit hikes by 71.91%; EPS rises to Rs 31.21 from Rs 19.75 in Q4

Butwal Power Company (BPC)

Butwal Power Company Limited (BPCL) has posted a massive rise of net profit by 71.91 % in the fourth quarter of the last fiscal year 2071/72.

Publishing the unaudited financial report for the fourth quarter today, The Hydropower Company has stated that its net profit has risen to Rs 52.2 crore by the quarter end, up from Rs 30.37 crore in the corresponding quarter of the previous fiscal year.

Butwal’s operating  income from Electricity sales and services increased to Rs 52.83 crore in the Q4 report from Rs 40.41 crore in the corresponding quarter of the previous  fiscal year. Likewise, its other income rose to Rs 49.01 crore from Rs 42.04 crore.

The company’s operating expenditure has declined to Rs 30.86 crore in Q4 from Rs 32.45 crore in the corresponding quarter of the previous year.

A positive aspect of the financial report is that its reserve fund has risen to Rs 1.82 arba in the fourth quarter report up from Rs 1.58 arba in the FY 2070/71.

The Hydropower Company has made an investment in share of Rs 1.32 arba. Its Paid up share Capital remains at Rs 1.67 arba.

Its Earning Per Share (EPS)  also increased to Rs 31.21in Q4 from Rs 19.75 in previous year , net worth per share stand at Rs 208.94  and P/E ratio at 19.77 times.

BPC was established with an aim to enhance capacity development in the hydropower sector.

Earlier, The Company had distributed 15 percent cash dividend  from the profit it made in 2070/71 FY to its shareholders.

Source : ShareSansar

Unaudited Financial Statements for the Fourth Quarter FY 2071/72