Ridi Power Q4: Rs. 106.8M Profit, 50.9% Revenue Growth

Ridi Power Company Limited has published its audited fourth-quarter financial results for FY 2024/25, showing a significant turnaround compared to the heavy losses of the previous year. The company posted a net income of Rs. 106.81 million, a sharp rebound from a loss of Rs. 222.83 million in the same quarter last year. This recovery was supported by strong revenue growth and improved profitability.

Total revenue surged by 50.90% YoY, reaching Rs. 355.75 million, compared to Rs. 189.53 million in Q4 of FY 2023/24. The company also maintained a healthy gross profit margin of 71.90%, indicating efficient operations and improved cost control.

Net profit margin stood at 30.02%, significantly higher than previous quarters, showing a robust financial recovery. Annualized EPS improved to Rs. 4.60, while the company’s reported PE ratio stood at 56.12. Book value per share reached Rs. 98.63, and market value per share was reported at Rs. 258.02.

The turnaround also reflected in return ratios, with Return on Assets (ROA) at 2.87% and Return on Equity (ROE) at 4.80%, both positive compared to negative figures recorded last year.