Janaki Finance has published third quarter report of FY 2075/76. Net profit surged by 113.93% in comparing period.
As per the published report, it has reported surge in net profit to Rs.5.68 crore in this Q3 of Fiscal year 2075/76 from Rs.2.65 crore in the same period of fiscal year 2074/75.
It has collected deposit of Rs.1.98 arba in Q3. It had floated loan & advances of Rs.2.03 arba in the third quarter. Deposit collection increased by 31.82% and loan disbursement increased by 52.92%.
Its net interest income increased to Rs.10.88 crore in Q3 from Rs.8.30 crore in the last corresponding quarter of FY 2074/75.
Operating profit increase to Rs.78.40 lakh from operating loss of Rs.3.91 crore in the last year. The company is able to write back huge amount of Rs.7.33 crore.
Its paid up capital is Rs.49.21 crore with reserves of Rs.22.75 crore.
Its non performing loan stands at 4.95% from 16.83% in Q3. Cost of fund at 10.27%, CCD ratio at 78.41% and base rate at 11.92%.
Annualized earning per share (EPS) stands at Rs 15.39, Net worth per share at Rs.146.23 and PE ratio at 11.05 times.
