Barun Hydropower Reports Decline in Profitability Indicators for Q2; Look at the Major Financial Highlights
Thu, Feb 9, 2023 11:31 AM on Latest, Financial Analysis, Stock Market,
Barun Hydropower Company Limited (BARUN) has reported decline in net profit by 19.07% in the second quarter (Q2) of the current FY 2079/80. The profit decreased to Rs. 1.65 Crores in this quarter from Rs. 2.04 crores in the corresponding quarter of the previous year.
BARUN has sold electricity worth Rs. 5.99 crores by the end of Q2. The company incurred administrative expenses worth Rs. 1.83 Crores which has increased by 250.06% and the interest expenses have also increased by 26.64%, both of these factors accumulated towards the decrease in net profit of the company for this period.
Its retained earnings stand at Rs. 2.72 Crores with share capital of Rs 53.58 crores.
Its annualized earning per share stands at Rs. 6.17. The net worth per share at Rs 113.26 and P/E ratio stood at 44.38 times.
Major Financial Highlights
| Particulars (In Rs '000) | Barun Hydropower Company | ||
| Q2 2079/80 | Q2 2078/79 | Difference | |
| Paid Up Capital | 535,815.00 | 267,907.50 | 100.00% |
| Share Premium (Right Share) | 43,743.07 | ||
| Retained Earnings | 27,283.76 | 25,463.37 | 7.15% |
| Property, Plant & Equipment (NET) | 426,631.77 | 448,632.38 | -4.90% |
| Total Income (Power Sales) | 59,972.29 | 56,889.98 | 5.42% |
| Administrative Expenses | 18,348.30 | 5,241.41 | 250.06% |
| Financial Cost | 9,014.67 | 7,118.53 | 26.64% |
| Net Profit | 16,541.11 | 20,438.63 | -19.07% |
| EPS (In Rs.) | 6.17 | 15.26 | -59.53% |
| Net Worth per Share (In Rs.) | 113.26 | 109.50 | 3.43% |
| Qtr end PE Ratio (times) | 44.38 | - | - |
| Qtr End Market Price | 274 | - | - |
