NRN Infrastructure and Development Achieves 387.83% Profit Growth and 337.84% Revenue Surge in Q1 FY 2081/82
Thu, Nov 14, 2024 7:35 AM on Financial Analysis, Highlight News, Company Analysis,
NRN Infrastructure and Development Limited (NRN) has unveiled its first-quarter financial report for FY 2081/82, highlighting a substantial increase in profitability. The company posted a net profit of Rs. 4.33 crores for the quarter, a significant leap from the Rs. 88.83 lakhs recorded in the corresponding quarter of the previous fiscal year.
With a paid-up capital of Rs. 1.22 Arba, NRN’s retained earnings stand at Rs. 15.95 crores, while its investment revaluation reserve has reached Rs. 66.6 crores. As of Q1 FY 2081/82, the company invested Rs. 34.27 crores in associates.
NRN's financial performance this quarter includes total revenue of Rs. 6.21 crores, with total expenses amounting to Rs. 47.62 lakhs. The earnings per share (EPS) for this period is calculated at Rs. 14.17, while the net worth per share is Rs. 113.04. Currently, the stock trades at a price-to-earnings (P/E) ratio of 65.71 times.
| Particulars (Rs in 000) | NRN Infrastructure and Development | ||
|---|---|---|---|
| Q1 2081/82 | Q1 2080/81 | Difference | |
| Paid Up Capital | 1,223,212 | 1,223,212 | 0.00% |
| Other Equity (Retained Earnings) | 159,523 | 57,243 | 178.68% |
| Investment Revaluation Reserve | 666,049 | 219,719 | 203.14% |
| Property, Plant and Equipment | 10,134 | 3,216 | 215.13% |
| Investment in Associates | 342,784 | 342,784 | 0.00% |
| Total Revenue | 62,125 | 14,189 | 337.84% |
| Administration Expenses | 1,464 | 1,045 | 40.11% |
| Total Expenses | 4,762 | 2,344 | 103.11% |
| Net Profit | 43,334 | 8,883 | 387.83% |
| Annualized EPS (In Rs.) | 14.17 | 2.90 | 387.83% |
| Net Worth per Share (In Rs.) | 113.04 | 104.68 | 7.99% |
| Qtr End P/E Ratio | 65.71 | ||
| Liquidity Ratio | 222.00 | ||
| QTR End Price | 931.1 | ||
