Gurkhas Finance posted net loss of Rs 3.62 crore, NPL drops to 4.93% from 10.56%

Gurkhas Finance Limited (GUFL) has posted net loss of Rs 3.62 crore in the first quarter of the FY 2074/75. As per the unaudited report published today, the finance has shown operating loss of Rs 5.46 crore in the Q1 of FY 2074/75. The finance has collected Rs 4.11 arba in deposits and disbursed Rs 3.64 arba in loans in Q1 as compared to Rs 2.94 arba in deposits and Rs 2.68 arba in loans in the corresponding quarter last year. Its current paid up capital stands at Rs 86.79 crore with reserve of Rs 31.57 crore. Its non-performing loan (NPL) decrease to 4.93% from 10.56%. Its net worth per share stands at Rs 136.38.