Chilime Hydropower Achieves Rs. 47.09 Crore Net Profit in Q3 FY 2080/81

Chilime Hydropower Achieves Rs. 47.09 Crore Net Profit in Q3 FY 2080/81

Chilime Hydropower Company Limited (CHCL) has unveiled its financial report for the third quarter of Fiscal Year 2080/81, providing insights into its performance during this period. Despite a 10.97% decrease in earnings, CHCL managed to achieve a commendable net profit of 47.09 Crores.

Throughout the quarter, CHCL made significant investments totaling Rs. 6.14 Arba. Although there was a slight 2.7% decrease in revenue compared to the same period last year, the company generated Rs. 78.25 Crores from power sales. However, operating expenses witnessed a notable surge of 30.24% to Rs. 9.61 Crores, while administrative expenses remained steady at Rs. 4.59 Crores.

CHCL maintains its financial stability with a paid-up capital of Rs. 7.98 Arba and healthy Retained Earnings valued at Rs. 2.62 Arba.

The company’s Annualized Earnings Per Share (EPS) stands at an impressive Rs. 7.86, with the net worth reported at a substantial Rs. 132.93.

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