Pokhara Finance Limited (PFL) has posted a massive profit growth of 96.29 percent in the third quarter of the current fiscal year 2073/74.
Publishing the unaudited financial report today, the bank stated that its net profit rose to Rs 7.02 crore in the third current fiscal year 2073/74, up from Rs 3.57 crore in the corresponding period of the previous fiscal year 2072/73.
Its net interest income has risen from Rs 8.97 crore in corresponding quarter to Rs 14.23 crore in the current quarter.
Pokhara Finance’s paid up capital remains at Rs. 55.74 crore. The finance reserve and surplus increased to Rs.19.86 crore in Q3 up from Rs 14.51 crore in last quarter.
The finance company has collected Rs 3.42 arba in the Q3 up from Rs 3.09 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 3.27 arba in Q3 whereas in the same period last year the figure stood at Rs 2.52 arba.
Its non-performing loan (NPL) has drop to 1.47 percent in Q2 up from 2.84 percent in the previous year report.
PFL’s annualized earning per share (EPS) stand at Rs 16.84, net worth per share at 135.65 and the P/E ratio at 16.45 times.
Major Indicators:
| Indicators (Rs in "000") |
FY 2073/74 Q2 |
FY 2072/73 Q2 |
Difference (%) |
| Paid Up Capital |
557,420 |
491,119 |
13.50% |
| Reserve and Surplus |
198,699 |
145,182 |
36.86% |
| Deposits |
3,429,445 |
3,095,552 |
10.79% |
| Loans and Advances |
3,277,801 |
2,523,318 |
29.90% |
| Net Interest Income |
142,327 |
89,769 |
58.55% |
| Provision |
9,577 |
15848 |
-39.57% |
| Write Back |
|
|
|
| Operating Profit |
110,427 |
56,256 |
96.29% |
| Net Profit |
70,272 |
35,799 |
96.30% |
| Capital Adequacy Ratio |
20.15 |
20.87 |
- |
| NPL |
1.47 |
2.84 |
|
| Base Rate |
|
|
- |
| Cost of Fund |
7.73 |
5.7 |
|
| CD Ratio (as per NRB) |
76.89 |
67.62 |
- |
| EPS (Annualized) |
16.84 |
|
|
| PE Ratio |
16.45 |
|
|
| Networth Per Share |
135.65 |
|
|
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