Kathmandu. Himalayan Distillery Limited's profit has increased by 56.5 percent. The company has earned a net profit of Rs 397.6 million in the second quarter of the current fiscal year.

It had made a profit of Rs. 254 million in the corresponding period of the previous fiscal year. The profit was Rs 143.6 million higher than the same period last fiscal year, according to the financial statement released by Himalayan on Sunday. The increase in revenue from the sale of liquor has had a positive impact on net profit.

According to the financial statement, the company's sales income has increased from Rs 1.81 billion to Rs 1.44 billion. The company's earnings per share has also increased. The company's earnings per share, which stood at Rs 87.83 as of mid-January of the last fiscal year, has increased to Rs 91.66 in the first six months of the current fiscal year. Net worth per share is Rs 156.83.

Himalayan has a paid-up capital of Rs 867.7 million and a reserve fund of Rs 493.1 million. Sales of Golden Oak and Black Oak produced by the company have been good.