Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81

Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81

In the recently released financial report for the first quarter of fiscal year 2080/81, Himalayan Distillery Limited (HDL) revealed a substantial 51.24% decline in net profit, dropping to Rs 10.51 crore from Rs 21.5 crore in the corresponding quarter of FY 2079/80. The company faced a notable downturn in revenue, experiencing a 29.70% decrease to Rs 97.18 crore in Q1 2080/81, compared to Rs 1.38 arba in the same quarter of FY 2079/80. Despite this challenging financial scenario, HDL saw a positive surge in other operating income, marking a 73.25% increase to Rs 59.11 lakhs from Rs 34.12 lakhs in the previous year.

As outlined in the financial report, Himalayan Distillery’s share capital currently stands at Rs 2.42 Arba, with other equity amounting to Rs 1.03 Arba. Key financial metrics include an annualized Earnings Per Share (EPS) of Rs 17.32, reflecting the company’s performance on a per-share basis. However, the quarter-end Price-to-Earnings (P/E) ratio stands at 107.22 times. The net worth per share is reported at Rs 142.41.

The report also provides a detailed breakdown of major financial highlights, showcasing changes in paid-up capital, other equity, property, plant and equipment, investment, trade receivables, revenue from operation, other income, administration expenses, selling and distribution expenses, and net profit. The annualized EPS is noteworthy, indicating the company’s earnings per share on an annual basis. The net worth per share has decreased to Rs 142.41, reflecting a 29.37% decline. The quarter-end P/E ratio is reported at 107.22.

In terms of liquidity, the report highlights a liquidity ratio of 8.46. This comprehensive financial overview provides a detailed analysis of Himalayan Distillery Limited’s performance and financial health for the first quarter of the fiscal year 2080/81.

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