City Express Finance reports fall in net profit by 71%, Net worth stands at Rs.41

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City Express Finance has published second quarter report of FY 2075/76. It has reported decline in net profit by 71.68% in comparing period.

As per the published report, it has reported decline in net profit to Rs.80.10 lakh in this Q2 of Fiscal year 2075/76 from Rs.2.82 crore in the same period of fiscal year 2074/75.

It has deposit of Rs.5.74 crore and floated in loan & advances of Rs.9.38 crore in the second quarter.




Its net interest income increased to Rs.60.03 lakh and operating loss of Rs.2.065 crore

It has Provision for possible losses of Rs.1.21 crore.

Its paid up capital is Rs.32.85 crore with negative reserves of Rs.19.28 crore.

Its non performing loan stands at 25.34% from 100% in the last year.

Annualized earning per share is Rs.4.88 and Net worth per share is Rs.41.31.