NRN Infrastructure Reports 478% Surge in Q4 Profits for FY 2080/81; EPS Rose to Rs. 5.53
Sun, Aug 11, 2024 8:49 AM on Financial Analysis, Company Analysis, Latest,
NRN Infrastructure and Development Limited (NRN) has released its fourth-quarter financial report for FY 2080/81, revealing a remarkable increase in earnings. The company posted a net profit of Rs. 6.76 crores for the quarter, a substantial rise from the Rs. 1.17 crores net profit recorded in the same quarter of the previous fiscal year.
NRN, with a paid-up capital of Rs. 1.22 Arba, holds retained earnings of Rs. 11.6 crores and an investment revaluation reserve of Rs. 60.53 crores. The company invested Rs. 34.27 crores in associates during Q4 of FY 2080/81.
Financially, NRN reported total revenue of Rs. 2.95 crores for the quarter, while total expenses amounted to Rs. 1.14 crores. The company's earnings per share (EPS) stand at Rs. 5.53, with a net worth per share of Rs. 158.97. The stock is currently trading at a P/E ratio of 135.27 times.
Major Highlights:
| Particulars (Rs in 000) | NRN Infrastructure and Development | ||
|---|---|---|---|
| Q4 2080/81 | Q4 2079/80 | Difference | |
| Paid Up Capital | 1,223,212 | 1,223,212 | 0.00% |
| Other Equity (Retained Earnings) | 116,001 | 53,599 | 116.42% |
| Investment Revaluation Reserve | 605,364 | 294,459 | 105.59% |
| Property, Plant and Equipment | 9,113 | 681 | 1239.17% |
| Investment In Associates | 342,784 | 342,784 | 0.00% |
| Total Revenue | 29,508 | 44,016 | -32.96% |
| Total Expenses | 11,431 | 8,681 | 31.67% |
| Net Profit | 67,639 | 11,776 | 474.36% |
| Annualized EPS (In Rs.) | 5.53 | 0.96 | 474.36% |
| Net Worth per Share (In Rs.) | 158.97 | 128.45 | 23.76% |
| Qtr End P/E Ratio | 135.27 | - | |
| Qte End Price | 748 | - | |
