Upper Solu Hydro Electric Company Limited Disclosed Q2 Report

Upper Solu Hydro Electric Company Limited (USHEC) has publicly disclosed its unaudited financial details for the second quarter of the current fiscal year. According to the report, the company's net profit during this period increased by 47.90% compared to the same period in the previous fiscal year.

In the current fiscal year's second quarter, the company achieved a net profit of Rs. 8.39 Crore. This marks a significant growth of 47.90% compared to the same period in the last fiscal year when the company earned Rs. 5.67 Crore in net profit.

Alongside the rise in profits, the company's earnings per share also witnessed an increase. In the review period, the company's earnings per share (EPS) rose from Rs. 4.03 to Rs 12.43. The company's share net worth stands at Rs. 99.86, with a P.E ratio of 27.74 times. As of the end of Poush, the company's equity capital is Rs 1.35 Arba.