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Sikles Hydropower’s Q2 Earnings Show Slight Growth; Debt Decreases

 

In the second quarter of the fiscal year 2080/81, Sikles Hydropower Limited (SIKLES) recorded a net profit of Rs. 6.29 crores, marking a slight uptick of 0.27% compared to the same period last year when it stood at Rs. 6.27 crores.

During this timeframe, the company’s long-term loan decreased by 6.76%, reaching Rs. 1.26 billion.

Revenue from power sales totaled Rs. 19.58 crores for Q2, while income from other sources amounted to Rs. 4.05 lakhs.

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