Arun Kabeli reports net loss of Rs 1.39 lakh for Q1 of 2076/77; Revenue to flow in from next quarter as production starts in Kabeli B-1

Arun Kabeli Power Limited (AKPL) has reported a net loss of Rs 4.39 lakh till the first quarter of the FY 2076/77.

According to the unaudited financial report, its net profit has fallen from Rs 25.51 lakh in the first quarter of FY 2075/76 to negative Rs 4.39 lakh in the first quarter of the current fiscal year.

Its Share Capital remains at Rs. 1.50 arba with a negative reserve of Rs 1.59 crore.

Its net worth per share is Rs 98.94.

The production of electricity from Kabeli B-1 project located at the border of Panchthar and Taplejung Districts has started. It has a capacity of 25 MW and has been added to the national transmission line. With this addition, the company will start generating revenue from the next quarter.

First Quarter Report