Paschimanchal and Lumbini Finance net profit rises by 10.55% and 34.64% respectively in Q4
Fri, Aug 21, 2015 12:00 AM on Others,
ShareSansar, August 21;
Paschimanchal Finance Company Limited (PFC) has posted a net profit of Rs 7.29 crore in Q4. The net profit in Q4 rose from Rs 6.59 crore in the corresponding quarter of the previous fiscal year.
As per the unaudited financial report published today the finance company has an operating profit of Rs 11.25 crore compared to Rs 10.19 crore in the corresponding quarter of the previous fiscal year. The finance company has net interest income of Rs 15.87 crore.
The finance company has Rs 3.32 arba in deposits and floated loan of Rs 2.68 arba. It has a paid up capital of Rs 30.35 crore and reserve Rs 16.92 crore.
However its NPL has increased from 2.16% to 2.67%.Capital Adequacy ratio stands at 15.94% and Credit to Deposit ratio stands at 70.61%.
Meanwhile Lumbini Finance and Leasing Company Limited (LFLC) have posted net profit of Rs 6.67 crore in Q4. The net profit has increased by 34.64% compared to Rs 4.95 net profit of the corresponding period of the previous fiscal year.
As per the published unaudited financial report today, the finance company has net interest income of Rs 10 crore .The operating profit has reached to Rs 2.40 crore in Q4.
Lumbini Finance has Rs 16.50 crore in deposits with loan and advances of Rs 1.70 arba. Its NPL has lowered to 9.69% from 15.47%.
The EPS stands at Rs 19.69, net worth per share stands at Rs 179.49 and P/E ratio stands at 9.85 times.
