Ru Ru Jalbidhyut Pariyojana Limited (RURU) has posted a decline in net profit by 9.31% in the second quarter (Q2) of the current FY 2079/80. The profit decreased to Rs. 5.96 crores in this quarter from Rs. 6.57 crores in the corresponding quarter of the previous year.
RURU has sales revenue worth Rs. 9.15 crores, which has declined by 8.13% in this quarter.
Highlights:
- Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2
- The revenue generated by Ankhukhola Hydropower has decreased by 10.43% to Rs. 12.23 crores.
- Sikles Hydropower Reports Q2 Sales Revenue of Rs 19.33 Crores
- Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit
- Mountain Energy Nepal Reports Net Profit of Rs 35.55 Crores for Q2