Ru Ru Jalvidhyut Project (RURU) has released its third-quarter report for the current fiscal year, demonstrating modest growth in its financial performance.
According to the report, the company achieved a slight increase in net profit by 2.66 percent, reaching Rs 68.5 million in the review period compared to Rs 66.8 million in the corresponding period of the previous fiscal year.
Although RURU experienced a decline in sales income, a reduction in financial expenses contributed to the growth in net profit. During the review period, sales income decreased by 1.15 percent, and total profit declined marginally by 0.31 percent. Similarly, financial income saw a significant decline of 68.32 percent, while financial expenses decreased by 282 percent.
In addition to the profit margin, RURU saw an increase in earnings per share (EPS) to Rs 18.54. The company also boasts a net worth per share of Rs 136.09 and a price-to-earnings (P/E) ratio of 41.59 times.
With a paid-up capital of Rs 493.3 million, RURU maintains a reserve fund of Rs 178 million, highlighting its financial stability and prudent financial management practices.
