The Nepal Electricity Authority (NEA) reported a profit of Rs 9.11 billion before tax for the first three months of the current fiscal year.
NEA's Financial Performance Overview
NEA's impressive financial performance for the initial quarter of the fiscal year demonstrates its operational efficiency and robust revenue generation. This profit figure reflects the financial health of the state-owned utility company, which plays a crucial role in Nepal's energy sector.
- Profit Before Tax: Rs 9.11 billion
- Period: First three months of the current fiscal year (mid-July to mid-September)
The profit is a result of a significant gap between the total income generated and the expenditures incurred during this period.
Key Financial Metrics (Mid-July to Mid-September)
To understand the context of the profit, it's essential to look at the primary financial components:
| Financial Metric | Amount (in Billion NPR) | Description |
|---|---|---|
| Total Income | 41.80 | Includes revenue from electricity sales, interest, and other sources. |
| Total Expenditure | 32.69 | Costs associated with operations, maintenance, and administration. |
| Profit (Before Tax) | 9.11 | The surplus generated after deducting expenditures from income. |
The total income of Rs 41.80 billion encompasses all forms of revenue, including interest and other miscellaneous income. This comprehensive revenue stream, coupled with controlled expenditure of Rs 32.69 billion, led to the reported profit. This financial strength is vital for NEA's ongoing projects, infrastructure development, and ensuring reliable electricity supply across the nation.
