Synergy Power Reposts Decline in Profitability in Q4 for FY 78/79; Look at The Major Highlights
Tue, Aug 16, 2022 1:37 PM on Latest, Financial Analysis, Stock Market,
Synergy Power Development Limited (SPDL) has posted a decline in net profit for the fourth quarter of the current FY 2078/79 compared to the corresponding quarter of the last fiscal year.
The net profits have decreased by 41.75% compared to the previous year.
The company reported a net profit of Rs. 4.99 Crores for the fourth of the fiscal year 2078/79, whereas the company made a net profit of Rs. 8.58 Crores for the fourth quarter of FY 77/78.
It made an income of Rs. 20.6 Crore, mainly from selling electricity, by the end of the fourth quarter. It was Rs. 20.1 Crore in the corresponding quarter of the previous year.
Its share capital stood at Rs. 80.6 Crore with a reserve of Rs. 5.94 crores. The project has loans, advances and deposits worth Rs. 13.15 Crore till the end of the fourth quarter, which was Rs. 26.9 Crore in the previous year’s corresponding quarter.
The earning per share (EPS) as of the quarter-end stands at Rs. 6.20 and its net worth per share stands at Rs. 107.37.
Major Highlights:
| Particulars (Rs in 000) | Synergy Power Development Limited | ||
|---|---|---|---|
| Q4 2078/79 | Q4 2077/78 | Difference | |
| Paid Up Capital | 806,575.00 | 733,250.00 | 10.00% |
| Reserves and Surplus | 59,464.59 | 86,653.73 | -31.38% |
| Property, Plant and Equipment | 32,526.00 | 33,495.78 | -2.90% |
| Loan, Advance and Deposits | 13,151.69 | 26,950.13 | -51.20% |
| Trade and Other Receivables | 102,556.92 | 97,293.04 | 5.41% |
| Cash and Cash Equivalents | 192.76 | 6,936.97 | -97.22% |
| Sale of Electricity | 206,528.92 | 201,575.11 | 2.46% |
| Interest Income | 6.45 | 32.39 | -80.08% |
| Administrative and General Expenses | 7,337.89 | 8,034.44 | -8.67% |
| Current Tax | 5,555.00 | 6,589.49 | -15.70% |
| Net Profit | 49,994.96 | 85,825.76 | -41.75% |
| EPS (In Rs.) | 6.20 | 11.70 | -47.04% |
| Net Worth per Share (In Rs.) | 107.37 | 111.82 | -3.98% |
| Qtr End P/E Ratio | 54.05 | - | 0.00% |
| Qtr End Market Price | 335 | ||
