Ru Ru Jalbidhyut Pariyojana Reports Marginal Q2 Net Profit Decline; Revenue Shows Slight 0.18% Decrease
Mon, Feb 5, 2024 8:58 AM on Financial Analysis, Company Analysis, Latest,
In the second quarter of the fiscal year 2080/81, Ru Ru Jalbidhyut Pariyojana Limited (RURU) reported a small 1.11% drop in net profit, going from Rs. 5.96 crores last year to Rs. 5.89 crores this quarter.
Despite this, the company demonstrated resilience in its power sales revenue, reaching Rs. 9.13 crores, just a 0.18% decrease from the same quarter last year.
RURU effectively managed its costs during this period. Financial expenses reduced significantly by 31.51%, amounting to Rs. 45.94 lakhs, and administrative expenses also dropped by 31.50%, reaching Rs. 37.10 lakhs.
Financially, RURU remains strong with a reserve and surplus of Rs. 22.03 Crores and a share capital of Rs. 49.33 Crores. The annualized earnings per share (EPS) for the quarter is Rs. 23.90, indicating efficient earnings. Additionally, the net worth per share stands at Rs. 144.67.
| Particulars (In Rs '000) | Ru Ru Jalbidhyut Pariyojana | ||
|---|---|---|---|
| Q2 2080/81 | Q2 2079/80 | Difference | |
| Paid Up Capital | 493,323.66 | 493,323.66 | 0.00% |
| Reserve and Surplus | 220,345.64 | 150,416.83 | 46.49% |
| Property, Plant & Equipment | 4,721.23 | 4,226.47 | 11.71% |
| Revenue from Power Sales | 91,385.67 | 91,550.88 | -0.18% |
| Finance Income | 329.03 | 1,627.88 | -79.79% |
| Administrative Expenses | 3,710.66 | 5,416.69 | -31.50% |
| Finance Expenses | 4,594.71 | 6,708.89 | -31.51% |
| Net Profit | 58,945.89 | 59,608.18 | -1.11% |
| EPS (In Rs.) | 23.90 | 24.17 | -1.11% |
| Net Worth per Share (In Rs.) | 144.67 | 130.49 | 10.86% |
| Qtr end PE Ratio (times) | 31.17 | ||
| Qtr End Market Price | 745 | - | - |
