NRN Infrastructure Reports 400% Surge in Net Profit

NRN Infrastructure and Development Limited has recorded an impressive 400% increase in net profit, as per its recently published financial report. The company achieved a net profit of Rs. 5.37 crore in the second quarter of the current fiscal year, a significant rise from Rs. 1.63 crore during the same period last year.

Total revenue grew by 209.94% to Rs. 8.01 crore, while total expenses stood at Rs. 98.67 lakh, up from Rs. 54.91 lakh in the previous year. The company's retained earnings reached Rs. 10.55 crore, with total assets and liabilities standing at Rs. 38.14 crore and Rs. 1.41 crore, respectively.

Earnings per share (EPS) saw a notable rise from Rs. 2.67 to Rs. 8.37, while the company's net worth per share reached Rs. 172.10, and the price-to-earnings (P/E) ratio was recorded at 135.65 times.