Mandu Hydropower Limited (MANDU) demonstrates robust financial performance in the second quarter of Fiscal Year 2080/81, boasting an impressive 11.78% increase in earnings and achieving a net profit of 17.05 Crores. Notably, the company exhibits prudent financial management by reducing loans and borrowings by 22.76% to Rs. 2.12 Arba during this period.
Despite a marginal 4.04% decrease in power sales revenue, totaling Rs. 41.52 Crores, MANDU’s strategic financial controls are evident, as administrative expenses remained well-contained at Rs. 40.77 lakhs. This positive quarterly report underscores Mandu Hydropower Limited’s commitment to financial stability and sustainable growth in the hydropower sector.
Highlights:
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