Snow Rivers Limited Posts 241.50% Rise in Net Profit in Q4 With an Eps at Rs.11.93

Snow Rivers Limited has reported a net profit of RS. 11.18 crores for the fourth quarter of fiscal year 2082/83,  with its net profit rising 241.50% from 3.27 crores in the same quarter last fiscal year. The company's revenue from electricity sales rose by 101.95% to 37.75 crores, compared to Rs. 18.69 crore in the same quarter last year. The company’s paid-up capital remains at Rs. 93.75 crores while other equity rose by 198.93% to Rs. 75 Crores. Property, plant, and equipment stood at Rs. 97.23 lakhs, reflecting a 12.97% decline compared to the previous fiscal year. However, financial costs rose by 57.77% to Rs 13.26 crores from Rs 8.40 crores, and administrative expenses increased by 76.98% to Rs 6.73 million from Rs 3.80 million. Loans and borrowings declined by 5.39 percent to Rs 1.82 arba from Rs 1.93 arba, while property, plant and equipment fell by 12.97% to Rs 9.72 million from Rs 11.17 million. The company's shares were quoted at a quarter-end market price of Rs 779, with a price-to-earnings (PE) ratio of 65.31 times. Earnings per share (EPS) rose to Rs 11.93 from Rs 4.37, a jump of 173.20 percent, while net worth per share increased to Rs 112.09 from Rs 105.06, up 6.70 percent. The company's shares were quoted at a quarter-end market price of Rs 779, with a price-to-earnings (PE) ratio of 65.31 times. Report:

Particulars (In Rs '000) Snow Rivers Limited

Q4 2082/83 Q4 2081/82 Difference

Paid Up Capital 937,500.00 750,000.00 25.00%

Other Equity  113,360.21 37,921.66 198.93%

Property, Plant & Equipment 9,723.28 11,171.71 -12.97%

Loans and Borrowing 1,821,837.51 1,925,689.15 -5.39%

Revenue from sale of electricity 377,510.89 186,930.50 101.95%

Administrative Expenses 6,729.94 3,802.60 76.98%

Financial Costs 132,671.70 84,090.10 57.77%

Net Profit  111,818.24 32,743.21 241.50%

EPS (In Rs.) 11.93 4.37 173.20%

Net Worth per Share (In Rs.) 112.09 105.06 6.70%

Qtr end PE Ratio (times) 65.31

Qtr End Market Price 779