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Upper Tamakoshi Hydropower Limited earned Rs 6.07 billion from electricity sales and reported a net profit of Rs 996.54 million for the second quarter ending mid-Poush of FY 2082/83. The operating profit was Rs 3.74 billion, reflecting a significant recovery from a loss of Rs 821.1 million in the same quarter last year.

Total assets were valued at Rs 82.79 billion, with total equity at Rs 10.59 billion and long-term debt at Rs 68.16 billion. Despite accumulated losses exceeding Rs 11.45 billion, the company’s financial outlook is improving due to increased revenues. Management is focused on addressing project liabilities and stabilizing production.