“CHCL Earns Rs. 69.45 Crores in Q4 of FY 79-80; Decline in Profits Linked to Reduced River Flow”

“CHCL Earns Rs. 69.45 Crores in Q4 of FY 79-80; Decline in Profits Linked to Reduced River Flow”

 

Chilime Hydro Power Company Limited (CHCL) has released its fourth-quarter report for the recently concluded financial year 2079-80, showing a nearly 8 percent decrease in Net Profits. In the final quarter of FY 2079-80, the company recorded profits of Rs. 69.45 crores, down from Rs. 75.42 crores in the same quarter of FY 2078-79.

The primary revenue source for hydropower companies, the Revenue from the Sale of Electricity, also experienced a decline of 4.49 percent for CHCL, totaling Rs. 1.12 Arba in the last quarter of FY 2079-80.

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