Kathmandu. Sarbottam Cement Limited has published its financial statements for the first quarter of the current fiscal year. According to the report, the company had incurred a loss in the first quarter of the last fiscal year, and has reached a profit in the same period of the current fiscal year.

The company posted a net profit of Rs 32.42 crore in the same period of the current FY, up from Rs 2.25 crore in the same period last FY. With the increase in sales income, the net profit of the company has increased. In the review period, the company’s revenue increased by 35.77 percent to Rs 1.97 billion.

Total profit of the company increased by 408.81 percent to Rs 61.26 crore during the period. In the review period, the company’s financial expenses decreased by 15.91 percent to Rs 66.1 million. As a result, the company’s other financial indicators have improved.

During this period, the company’s total expenses increased by 81.89 percent. Along with the profit, the company’s earnings per share has also been positive. The company’s earnings per share stood at Rs 26.07 as of mid-October. Similarly, the net worth per share is Rs 208.11 and the P/E ratio is 31.91 times.