Central Finance has published first quarter report of FY 2075/76. It has reported surge in net profit by 243.55% in Q1.
As per the published report, the finance has reported increased in net profit to Rs.73.52 lakh in this Q1 of Fiscal year 2075/76 from Rs.21.40 lakh in the same period of last fiscal year 2074/75.
It has collected deposit of Rs.3.18 arba & floated in loan & advances of Rs.3.18 arba. Deposit increased by 10.79% & loan expansion increased by 10.79% in the comparing period.
Its net interest income increased to Rs.2.02 crore in Q1 from Rs.1.19 crore in the last corresponding quarter. Operating profit increased to Rs 1.09 crore from Rs.33.64 lakh in the last year. Operating profit grown by 225.51% in the comparing period.
Its paid up capital is Rs.82.33 crore with reserves of Rs.17.69 crore.
Its non performing loan stands at 0.71% from 1.87% from the last year. Cost of fund at 40.41% and credit to deposit is 67.36%.
Annualized earning per share is Rs.3.57. Net worth per share is Rs.121.49. PE ratio stands at 141.57 times.
