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.
Highlights:
- Mandu Hydropower Q2 Earnings Surge by 11.78% Amidst Revenue Dip; Impressive 22.76% Reduction in Debt
- Bhagawati Hydropower’s Q2 Earnings Surge 23.26%; Long-Term Debt Cleared, Revenue Rises 13.31%
- “RADHI Reports Q4 Profit; Slight Dip in Revenue from Power Sales”
- RSDC Reports 6.65% Growth in Net Profit in First Quarter of Fiscal Year 2080/81
- NMB Bank and HIDCL to Invest 7.40 Arba Rupees in Upper Modi A Hydropower Project