Arun & Central Finance EPS stands at Rs 13.58 & Rs 1.65 respectively

Arun Finance Limited (ARUN) has registered impressive rise in net profit by 589.33 percent in the first quarter (Q1) of the fiscal year 2074/75. As per the unaudited report for the first quarter, the finance’s net profit has increase to Rs. 50.94 lakh in the first quarter of fiscal year 2074/75 from net loss of Rs 10.41 lakh reported in the same quarter of the fiscal year 2073/74. The finance has collected Rs 7.60 crore in deposits and disbursed Rs 4.48 crore in loans in Q1 as compared to Rs 4.02 crore in deposits and Rs 11.40 lakh in loans in the corresponding quarter last year. Its current paid up capital stands at Rs 15 crore with negative reserve of Rs 13.26 crore. After adjustment of recently floated 100% right shares, its paid up capital will reach to Rs 30 crore. Its non-performing loan (NPL) stands at 31.89%. Its Earning per Share (EPS) stands at Rs 13.58, net worth per share is at Rs 11.58 and P/E ratio at 11.56 times. Central Finance Limited (CFCL) has shown decrease in net profit by 28.47 percent in the first quarter (Q1) of the fiscal year 2074/75. As per the unaudited report for the first quarter, the finance’s net profit has decrease to Rs. 21.40 lakh in the first quarter of fiscal year 2074/75 from net profit of Rs 29.92 lakh reported in the same quarter of the fiscal year 2073/74. The finance has collected Rs 2.87 arba in deposits and disbursed Rs 2.35 arba in loans in Q1 as compared to Rs 1.87 arba in deposits and Rs 1.46 arba in loans in the corresponding quarter last year. Its current paid up capital stands at Rs 52.06 crore with reserve of Rs 15.94 crore. CFCL had got approval from SEBON to issue 50% right shares, after which its paid up capital will reach to Rs 78.09 crore. Its non-performing loan (NPL) stands at 1.87 %. Its annualized Earning per Share (EPS) stands at Rs 1.65, net worth per share is at Rs 140.29 and P/E ratio at 455.66 times.