Kaski Finance Q3 profit rises 18.06% to 3.88 crore

ShareSansar, May 10:

Kaski Finance Company Limited (KAFIL) has posted 18.06 percent growth in net profit for the third quarter of the fiscal year 2071/72.

Publishing the unaudited financial report for the third quarter today, the finance has stated that the bank’s net profit rose to Rs 3.88 crore, up from Rs 3.29 crore in the corresponding quarter of the last fiscal year 2070/71.

The finance has mobilized deposits of Rs 2.69 arba as compared to Rs 2.06 arba in the corresponding quarter last year. Likewise, it extended loans of Rs 2.36 arba, up from Rs 1.89 arba.

Kaski Finance’s net interest income has risen from Rs 7.68 crore in the corresponding quarter last year to 9.32 crore in the third quarter of 2071/72.

The company’s non-performing loans stand at 0.92% and CD ratio at 77.17%.

Its EPS is at Rs 13.79 and net worth per share is Rs 127.45.