VPEL - Profit down 20% yoy in 1Q FY12

cse.alpha · 1 VPEL - Profit down 20% yoy in 1Q FY12 Fri Aug 05, 2011 7:37 pm

cse.alpha

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VPEL - Profit down 20% yoy in 1Q FY12

http://www.cse.lk/cmt/upload_report_file/454_1312540430141.pdf

Another casualty of the recent poor rainfall

But new plant construction to double capacity expected to be completed by late 2011

Gaja · 2 Re: VPEL - Profit down 20% yoy in 1Q FY12 Fri Aug 05, 2011 7:51 pm

Gaja

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if the rainfall continue to fall all hydro power generators will be in trouble, hemas escaped because of thermal power

xmart · 3 Re: VPEL - Profit down 20% yoy in 1Q FY12 Fri Aug 05, 2011 7:59 pm

xmart

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sorry PAP. i would meet you at 4 Rs!

Monster · 4 Re: VPEL - Profit down 20% yoy in 1Q FY12 Fri Aug 05, 2011 8:04 pm

Monster

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This sector shouldn't not trade high P/E ratio. Revenue of Hydro power companies are volatile due to weather condition. In that case, HPWR is diversified. It can generate revenue from either Thermal power or Hydro power. In the last financial year(HPWR), thermal power didn't perform well due to heavy rainfall.