Radhi Hydropower Company Limited (RADHI) has published its unaudited financial results for the first quarter of the current fiscal year, reporting a significant increase in profitability. The company’s earnings per share (EPS) reached NPR 60.58, up from NPR 53.62 in the same period last year, reflecting the strong growth in net profit. RADHI’s net profit surged by 811.63%, rising from NPR 3.05 crore in the first quarter of the previous fiscal year to NPR 27.85 crore in the current period.
While electricity sales revenue grew modestly by 4.46% to NPR 4.06 crore, a substantial increase in other income to NPR 35.70 crore drove a remarkable rise in operating profit, which soared 1,396.08% during the review period. As of the end of the first quarter, the company’s net worth per share stood at NPR 180.84, with a price-to-earnings ratio of 10.43 times. RADHI’s paid-up capital is NPR 183.89 crore, and it holds NPR 97.51 crore in other equity reserves. Overall, the company’s strong performance was fueled by both steady electricity revenue and exceptional growth in other income streams, resulting in record-high profitability and EPS.