Srijana Finance’s net profit increase by 18.47% in Q4

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Srijana Finance has published fourth quarter report of FY 2075/76. Net profit surged by 18.47% in comparing period.

As per the published report, it has reported surge in net profit to Rs.15.86 crore in this Q4 of Fiscal year 2075/76 from Rs.13.15 crore in the same period of fiscal year 2074/75.

Aas per NFRS, its free profit which can be distribute as dividend stands at Rs.15.77 crore.

It has collected deposit of Rs.7.15 arba from Rs.5.40 arba in last year. It had floated loan & advances of Rs.4.79 arba in this fourth quarter which was 3.79 arba in Q4 of FY 2074/75.

Its net interest income decreased to Rs.15.86 crore in Q4 from Rs.26.02 crore in the last corresponding quarter of FY 2074/75. Due to increase in operating income to Rs.22.26 crore, the finance is able to raise its operating profit & net profit.

Likewise, Operating profit increased to Rs.22.26 crore from the operating profit of Rs.18.32 crore in the FY 2074/75

Its paid up capital is Rs.46.08 crore with reserves of Rs.27.09 crore.

Its non performing loan stands at 0.34% from 1.25% in the last year. Cost of fund stands at 9.37%, capital adequacy at 14.48% and CCD ratio at 61.30%.

Annualized earning per share (EPS) stands at Rs 33.82 and Net worth per share at Rs.158.78.