Pokhara Finance posted net profit of Rs.9.13 crore – net interest income decline

0
242
Pokhara finance

Pokhara Finance Limited has reported increased in net profit by 4.09 percent in the fourth quarter of this fiscal year 2074/75.

As per the published report, the finance has reported increased in net profit to Rs.9.13 crore in this Q4 from Rs.8.77 crore in the corresponding quarter of last fiscal year 2073/74.

During the period the bank has collected deposit of Rs.4.32 arba & floated in loan & advances of Rs.4.00 arba. In the corresponding quarter of last year the bank had collected deposit of Rs. 3.61 arba & floated in loan & advances Rs.3.32 arba.

It has borrowing of Rs.8.29 crore from Rs.6.08 crore in the last fiscal year.

Net interest income has declined by 9.85% to Rs.16.99 arba from Rs.18.84 crore in the last corresponding quarter. Operating profit decreased by 5.93% to Rs.14.15 crore from Rs.13.36 crore in the last year.

Its paid up capital is Rs.81.64 crore with reserves of Rs.35.75 crore. Reserve surged by 66.59% in the Q4.

Its non performing loan stands at 1.12 percent from 1.41 percent from the last year.

Annualized earning per share is Rs.11.19 & net worth per share is Rs.143.79. PE ratio stands at 12.07 times.