Manjushree Finance hike its net profit by 74.57%; posted 4.14 crore net profit

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manjushree-finance

Manjushree Finance Limited (MFIL) has posted net profit of 4.14 crore & EPS of 11.33 in the second quarter of the FY 2074/75.

As per the report published, the finance has increased in net profit by 74.57%. Net profit rose to 4.14crore from 2.37crore in the corresponding quarter last FY 2073/74.

The finance has collected 48.39 arba in deposits and expanded 43.90 arba in loans. Net interest income rose by 25.12%.

Its paid up capital stands at Rs 72.43 crore with reserve of Rs 13.91 crore. Paid up capital is increased by 153.51% & reserve is increased by 168.145. This increment is by issuing right share & dividend.

Its non-performing loan (NPL) decreased to 2.38 % from 2.63%.

Its annualized EPS is decreased by 31.14%. EPS stands at Rs 11.43, net worth per share stands at Rs 16.60 and P/E ratio at 12.42 times.

Finance unable to hike its Net profit in the ratio of capital increment as EPS decreased.

Reports’ highlights