Kathmandu. Himalayan Distillery Company Limited (HDICL) has released its financial results for the first quarter of the current fiscal year.

The company’s net profit declined in the first quarter of the current fiscal year. The company’s net profit declined by 54.61 percent to Rs 9.02 crore in the same quarter of the previous FY. The company had posted a net profit of Rs 19.88 crore in the same quarter last year.

During this period, the company’s sales income has decreased and its profit has been affected. The company’s sales income decreased by 27.64 percent to Rs 1.07 billion. In the same period of the last fiscal year, it was Rs 1.48 billion.

The company has paid-up capital of Rs 3.07 billion and reserve fund of Rs 1.18 billion. The company’s earnings per share declined from Rs 18.2 to Rs 11.75. The net worth of the company is Rs 138.4.