Vallibel Power Erathna PLC: Financial Performance for year ended 31st March 2024

Based on the provided context from the interim financial statements of Vallibel Power Erathna PLC for the year ended 31st March 2024, the group’s financial performance and profitability can be summarized as follows:

Financial Performance:

  1. Net Profit:
    • The group reported a net profit of Rs 781,750,048 for the year ended 31st March 2024, which is an increase of 19% compared to the previous year’s net profit of Rs 655,117,090
  2. Basic Earnings Per Share (EPS):
    • The basic EPS for the year was Rs 0.90 which is an increase from the previous year’s EPS of Rs 0.78
  3. Total Assets:
    • The group’s non-current assets included property, plant & equipment valued at Rs 1,836,795,971 and right-to-use assets valued at Rs 33,857,897 as of 31st March 2024.
  4. Net Asset Per Share:
    • The net asset per share decreased to Rs 2.70 as of 31st March 2024, down from Rs 4.07 as of 31st March 2023.
  5. Dividends
    • The Company has paid Rs. 0.50 per share as Final Dividend for the year ended 31st March 2023 in 20th July 2023 and paid Rs.1.75 as an interim Dividend for the year ended 31st March 2024 in 27th March 2024.

The financial data indicates that Vallibel Power Erathna PLC’s group has had a successful year with increased profitability and growth in net profit and EPS.


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