Trishuli Hydropower Company Limited Reports Q4 Financial Results for FY 2025/26
21st August 2026, Kathmandu
Trishuli Hydropower Company Limited, developer of the Upper Trishuli 3B Hydropower Project, has published its fourth-quarter financial statement for fiscal year 2025/26.
Trishuli Hydropower Financial Results
The figures highlight notable shift in financial indicators as the project advances through its final construction phase toward commercial operation.
Financial Losses and Expenditure
Net Loss Expansion: The company registered a net loss of Rs 131.655 million for the fiscal year ending Ashadh 2082/83. This compares to a net loss of Rs 29.141 million recorded in the prior fiscal year 2024/25. The widened loss reflects zero electricity sales revenue alongside rising administrative costs prior to commercial power generation.
Capital Work in Progress: Expenditure booked under Capital Work in Progress grew from Rs 604.67 million to Rs 717.53 million, tracking ongoing physical construction activities at the project site.
Asset Base and Debt Liabilities
Total Assets Growth: Total assets expanded to Rs 8.3559 billion during the review period, up from approximately Rs 6.88 billion in the prior fiscal year.
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Long-Term Borrowings: Project construction debt rose from Rs 3.7511 billion to Rs 4.6983 billion to support capital expenditure needs.
Per Share Metrics and Operational Progress
Per Share Values: The company recorded a negative earnings per share of Rs 7.36, while net worth per share stood at Rs 76.12.
Current Ratio: The current ratio reached 0.50, maintaining low short-term liquidity common during pre-operational construction phases.
Construction Schedule: Civil, electromechanical, and hydromechanical activities are progressing simultaneously. Management maintains a target completion deadline of Ashadh 2084 BS. Key operational risks remain centered on foreign exchange fluctuations, monsoon site disruptions, and technical workforce retention.
For More: Trishuli Hydropower Financial Results
