Ridi Power Co. Ltd. has published its unaudited financial results for the second quarter of the fiscal year 2082/83. The company earned a net profit of Rs. 3.78 Crore by the end of Poush 2082, which is an improvement from the Rs. 2.49 Crore profit reported in the same period of the previous year. Total income from electricity sales reached Rs. 22.02 Crore during this quarter.

According to the report, the company’s annualized Earnings Per Share (EPS) is 3.25 and the net worth per share is 101.62. The company’s total share capital stands at Rs. 232.33 Crore. The management mentioned that high interest rates have impacted profits, but they expect better results in the future as interest expenses are likely to decrease.