Gurkhas Finance Limited (GUFL) has published second quarter report of FY 2074/75, posted net profit of 2.24 crore.
As per the report published, the finance has decreased net profit by 79%. Net profit decreased to 2.24crore from 10.7crore in the corresponding quarter last FY 2073/74.
The finance has collected 4.52 arba in deposits and expanded 4.01 arba in loans for the income. Net interest income is major income of BFIs decreased by 24.99%.
Its paid up capital stands at Rs 86.79 crore with reserve of Rs 34.34 crore. Paid up capital is increased by 50% & reserve is increased by 17.56. This increment is by issuing right share & dividend.
Its non-performing loan (NPL) increased to 3.58% from 2.11%.
Its annualized EPS has fall by 86%. EPS stands at Rs. 5.18 from 36.99. Definitely, EPS will decline if there is decline in Net Profit.
Net worth per share stands at Rs 136.38 and P/E ratio at 27.23 times.
See the report of Manjushree finance; net income rise by 74.57%
